The USDCAD pair moved up slightly as investors remained concerned about the rising coronavirus cases in the United States. The pair is trading at 1.3650, which is higher than this week’s low of 1.3485. At the same time, the US dollar index is down by 10 basis points.
More in Forex:
- EURUSD Made a New High Today – Why This Is Not Good News for Bulls? Aug 06, 2020, 08:37 BST
- AUDUSD: Bullish Bias In Tact Above 0.6980 Aug 06, 2020, 07:51 BST
- GBPUSD Spikes After BOE Decision – Eyes 2019 High Aug 06, 2020, 07:25 BST