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USD/CAD rises to fresh two-month highs as US Dollar stays firm despite softer PMI data

The Canadian Dollar (CAD) trades under pressure against the US Dollar (USD) on Tuesday, as the Greenback edges higher and trims part of the previous day’s decline, according to the US Dollar Index (DXY). At the time of writing, USD/CAD is trading around 1.3765, hovering near fresh two-month highs.

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