USD/CAD Pair Inch Closer to 1.3450 Amid US Dollar Weakness and Market Sentiment

Thursday, 22 February 2024, 08:21

The USD/CAD pair is nearing the 1.3450 level amidst a weakening USD and a pessimistic market sentiment. The bearish outlook on risk-associated assets has influenced the pair's movement in the London session on Thursday.
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USD/CAD Pair Inch Closer to 1.3450 Amid US Dollar Weakness and Market Sentiment

USD/CAD Slumps Close to 1.3450

The USD/CAD pair has declined to near 1.3450 in the London session on Thursday as the perspective for risk-perceived assets has turned bullish

  1. Market Mood Impacting Movement
  2. USD Weakness Plays a Role

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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