Usdcad declining

The greenback is gathering strength against its major rivals at the beginning of the week supported by rising US Treasury bond yields. The negative shift witnessed in risk sentiment is providing an additional boost to the dollar as well. February Trade Balance data and the Federal Reserve Bank of Dallas' Texas Manufacturing Survey will ve featured in the US economic docket on Monday. Bank of England Governor Andrew Bailey is scheduled to deliver a speech during the European Trading hours as well
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Penafian