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fxJul 1, 2026, 6:35 AM

USD/CAD Rebounds Toward 15-Month Highs Near 1.4250

USD/CAD rises during European trading, approaching 1.4250 after minor losses, hovering near 15-month highs.

USDCAD

The USD/CAD pair has recovered from minor losses and is trading around 1.4210 during the European session on Wednesday. The pair is now positioned close to nearly 15-month highs, with the next target around 1.4250.

This rebound follows a brief pullback in the previous session, as the US dollar maintains its strength against the Canadian dollar. Traders are watching the 1.4250 level as a key resistance point.

Source: FXStreet Forex News