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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.

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