USD/CAD Is Flat As Traders Focus On Trade Wars
USD/CAD is mostly flat despite the strong sell-off in the oil markets. A potential tariff relief for Canada provided some support to the Canadian dollar today. Other commodity-related currencies are gaining ground in today’s trading session.
In case USD/CAD declines below the support level at 1.4330 – 1.4350, it will head towards the next support level at 1.4150 – 1.4170.
