Retreating crude oil prices undermines the Loonie and lends support to the major.pair adds to the overnight strong gains and edges higher for the second successive day on Thursday. Spot prices touch a one-and-half-week high during the Asian session, albeit seem to struggle to find acceptance above the 1.3500 psychological mark or build on the momentum beyond the 100-day SMA.
The US Dollar, on the other hand, is weighed down by the ongoing slide in the US Treasury bond yields, which, in turn, is holding back bulls from placing aggressive bets around the USD/CAD pair. In fact, the
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