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fxJul 24, 2026, 2:06 AM

Canadian Dollar Edges Higher Against Weaker US Dollar

The Canadian dollar strengthened against the US dollar on Friday, pushing USD/CAD to around 1.4070. However, gains may be limited by mixed market cues.

USDCAD

The USD/CAD pair attracted fresh sellers during Friday's Asian session, trading near the 1.4070 zone. The pair declined 0.10% on the day as the US dollar softened.

Despite the downtick, bullish momentum appears hesitant amid mixed signals in the broader market. Traders remain cautious as no clear catalyst has emerged to sustain the move.

Source: FXStreet Forex News