USD/CAD Wavers at Support, Canadian Dollar Outlook Hinges on Market Sentiment - DailyFX

Despite its strong fundamentals, the Canadian dollar has weakened sharply against the U.S. dollar since early April, but the trend could reverse if market sentiment improves.

CANADIAN DOLLAR FORECAST:

• The Canadian dollar has weakened sharply against the U.S. dollar in recent weeks, despite strong oil prices sitting at multi-year highs
• Although fundamental… [+3790 chars]
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