USD/CAD recovers from session lows as the US Dollar finds support, halting the Canadian Dollar's momentum following a three-week low for the greenback.
USD/CAD trims earlier losses as the US Dollar rebounds from a three-week low, limiting further upside for the Canadian Dollar.
The USD/CAD pair pared earlier losses on Thursday as the US Dollar staged a recovery from a fresh three-week low hit during Asian trading hours. The greenback's rebound effectively capped the Canadian Dollar's recent gains, stabilizing the pair in the short term.
The pair is reacting to a rebound in the US Dollar, which had previously slipped to a three-week low during the Asian session.