USD/CAD Price Analysis: Down Yields Weighing, Eyes on NFP
<p>Falling US Treasury yields this week exerted pressure on the dollar. The Canadian dollar held gains amid rising oil prices. Canada’s second-quarter GDP report will likely show a significant slowdown. Today’s USD/CAD price analysis is bearish amid dollar weakness and Canadian dollar strength. Falling US Treasury yields this week exerted pressure on the dollar ahead…</p>
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