The USD/CAD pair consolidated its recent fall to near 14-month lows and was seen oscillating in a narrow trading band, just below the key 1.30 psychological mark on Friday.
A combination of diverging forces failed to provide any meaningful impetus and led to the pair's subdued trading action through the early European session on the last day of the week. A strong rally in crude oil prices underpinned the commodity-linked currency – loonie and kept a lid on the pair's early attempted recovery move.


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