USD/CAD consolidates losses, eyes daily lows

USD/CAD erases weekly gains, back under 1.2800. Despite rising against European currencies, USD is down versus CAD, AUD and NZD. The USD/CAD remains near daily lows amid a weaker US Dollar. The US Dollar Index is flat for the day but the greenback is falling against commodity and emerging market currencies despite higher US yields. […]

The post USD/CAD consolidates losses, eyes daily lows appeared first on Forex Crunch.