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USD/CAD is Trading Flat in the International Market with Slight Dovish Bias

crude oil woes
USD/CAD Hourly (H1) Chart
USD/CAD Hourly (H1) Chart

USD/CAD: The pair is trading flat in the international market with slight dovish bias. While CAD remains weighed down by weak crude oil prices in the global market and low demand for oil, USD has lost a bit of its firmness on improvement in broad market risk appetite. This has resulted in price trading mostly rangebound with slight dips every now and then in intra-day activity. The pair will remain strong above 1.40 handle in the immediate and foreseeable future. 

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