USD/CAD climbs to multi-week top, closer to mid-1.3900s amid sustained USD buying

  • The USD/CAD pair is seen building on this week's recovery from the year-to-date low, around mid-1.3700s, and gaining positive traction for the third successive day on Friday. The momentum lifts spot prices close to the 1.3940-1.3945 region, or over a three-week high during the Asian session, and is sponsored by a modest US Dollar (USD) strength.