USD/CAD Holds Steady Below Multi-Year Highs Near 1.4250: What’s Next for This Currency Pair?
USD/CAD Falls Slightly After Reaching Multi-Year High What Caused the Decline? The USD/CAD pair recently hit a multi-year high of 1.4245 on Friday but has since dipped to around 1.4230 during Asian trading hours on Monday. This drop can be attributed to the weakened US Dollar against the Canadian Dollar, influenced by lackluster US Treasury…