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USD/CAD Price Analysis: Clings to recovery gains, remains below mid-1.2300s

FXStreet.com
 2021-10-21

Cover picture for the articleUSD/CAD staged a modest recovery from multi-month lows touched earlier this Thursday. The risk-off impulse, elevated US bond yields provided a goodish lift to the safe-haven USD. Retreating crude oil prices undermined the loonie and remained supportive of the momentum. The USD/CAD pair showed some resilience below the 1.2300...

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