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USD/CAD stalls after Canadian PMI data and Fed Chair Powell’s remarks. Where to next?
Source: Buzz FX / 02 Jul 2024 15:31:16 America/New_York
- USD/CAD is rangebound, frustrating traders, thanks to a host of factors from rate differentials to rising oil prices.
- Canadian PMI data has been softer than expected, with decreased output, new orders, and employment.
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