The USD/CAD pair rose to a daily high of 1.3206 during the early American session but staged a sharp U-turn in the last hour. As of writing, the pair was down 0.12% on a daily basis at 1.3152.
DXY loses momentum amid risk flows
A positive shift in the market sentiment, as reflected by strong gains witnessed in Wall Street's main indexes, seems to be weighing on the greenback. The US Dollar Index, which climbed to a daily high of 93.36, reversed its direction and was last seen flan on the day at 93.00. Meanwhile, the S&P 500 Index notched a new record-high of 3,457 in the last minutes.


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