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USD/CAD remains on the defensive below mid-1.2700s

FXStreet.com
 2021-11-29

Cover picture for the articleRebounding oil prices underpinned the loonie and acted as a headwind for USD/CAD. A goodish pickup in the US bond yields revived the USD demand and helped limit losses. The mixed fundamental backdrop warrants some caution before placing aggressive bets. The USD/CAD pair traded with a negative bias through...

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