USD/CAD weakens further below 1.3900 amid bearish USD, rising Oil prices

  • The USD/CAD pair extends the previous day's breakdown momentum below a one-week-old trading range and attracts sellers for the third successive day on Wednesday. This also marks the fourth day of a negative move in the previous four and drags spot prices below the 1.3900 mark, or a nearly two-week low during the Asian session.