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CAD Maintains Gains Against USD

M. Ali 1 September, 2020 7:54 pm Forex Market, Market Update

The Canadian Dollar (CAD) is maintaining some of its gains against the US Dollar (USD) on Tuesday.

The CAD is up by 0.04% against the USD, after rising earlier by more than 0.1% to its highest level against the greenback in eight months.

The Canadian Dollar is supported by improved PMI data for the manufacturing sector and a decent performance by oil prices.

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