USD/CAD: The pair is trading with clear positive bias as US Greenback remains underpinned by broad market cautious tone. A sharp decline in the crude oil price, which ate away at the previous session’s gains weighed down CAD considerably, causing the price to move above the 1.41 handle. But the rally was capped slightly below the 1.415 handle as US payroll data disappointed. Traders now await US headlines for short term profit opportunities and directional cues.

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