USDCAD: Risks abound – RBC CM

George Davis, Research Analyst at RBC Capital Markets, suggests that the USD/CAD continues to be trapped in a narrowing trading range, as firmer crude
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USD/CAD retreats from highs, back around 1.3200

The bid tone in the greenback now seems to be taking a breather, motivating USD/CAD to recede towards the 1.3200 neighbourhood. USD/CAD focus on oil,
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