USD/CAD Struggles For A Firm Intraday Direction, Flat Lines Around Mid-1.3600s
June 26, 2024 at 06:47 AM EDT
USD/CAD oscillates in a range on Wednesday amid a mixed fundamental backdrop. Hotter Canadian CPI on Tuesday and an uptick in Oil prices underpin the Loonie. The Fed rate-cut uncertainty caps the USD and acts as a headwind for the major.