Home / Market Update / Forex Market / USD/CAD Stabilizes Awaiting Moving Factors

USD/CAD Stabilizes Awaiting Moving Factors

The Canadian Dollar (CAD) declined against the US Dollar (USD) on Tuesday, after rising on Monday to its highest level in about two years, before recovering some of its earlier losses.

The USD/CAD pair is trading lower for by 0.02% at 1.3004.

The pair has been moving in a range between 1.2998 and 1.3051, after closing Monday at 1.3007.

Check Also

Stealing the Spotlight: Why AI Infrastructure Stocks Are the Hidden Winners

The AI boom is everywhere, but the real winners might not be the flashy software …