The USD Remains Firm in the Global Market


USD/CAD Hourly (H1) Chart
USD/CAD Hourly (H1) Chart

USD/CAD: The pair trades flat but shows directional cues in favour of the US Greenback as USD remains firm in the global market while CAD suffers from a decline in crude oil price led by OPEC update. Build-in US weekly API crude oil inventory data also weighed CAD bulls. Traders now await the US and Canadian macro data for short term profit opportunities. 

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