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USD/CAD Soars to Highest Since May on Strong US Data, Breaks 1.3500 Support

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The Story

News Summary

  • USD/CAD jumped to 1.3941, the highest since May, as stronger US economic data fuels a USD breakout and rejects 1.3500 support; concerns about potential US tariffs add downside risk for the Canadian dollar.
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USDCAD price history

1.40 +1.45% over the displayed period

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