USD/CAD is posting the biggest daily gain in months and currently is testing July highs above 0.9770. greenback accelerated the upside versus against the Loonie after breaking above 0.9670. So far it peaked at 0.9772, the strongest level in three weeks. USD/CAD pair erased some of its losses after the ISM services index was released, where the ISM services index showed activities eased in July to 52.7 below expectations of 53.5, which spread further concerns over the outlook of the U.S. economy, especially as the ISM manufacturing index for the same month also showed easing activities in July.


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