USD/CAD lost its traction after climbing above 1.3400.
WTI stays relatively calm below $40 on Thursday.
US Dollar Index clings to modest daily gains ahead of mid-tier US data.
The USD/CAD pair rose to its highest level since August 4th at 1.3414 on Thursday but struggled to preserve its bullish momentum in the absence of significant fundamental drivers. As of writing, the pair was up 0.1% on the day at 1.3399.
USD continues to outperform its rivals
The broad-based USD strength and the uninspiring performance of crude oil prices on Wednesday allowed USD/CAD to gain more than 80 pips.


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