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USD/CAD mildly offered below 1.3000 even as Canada extends travel restrictions

USD/CAD stays depressed near 1.2985, down 0.05% intraday, ahead of Monday’s European session. In doing so, the pair benefits from the broad US dollar weakness while ignoring Canada’s extension of the coronavirus (COVID-19)-led restrictions. Additionally, the recent weakness in oil prices, Canada’s biggest exports, also couldn’t defy the sellers.

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