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USD/CAD falls to near 1.3800, downside seems limited due to weaker Oil prices

Summary by FXStreet
USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concerns over the US economic fallout from US tariffs.

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FXStreet broke the news in on Monday, April 21, 2025.
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