USD/CAD holds steady above 1.3700 as trade tension eases amid holiday-thinned trading

  • The Canadian Dollar (CAD) gives back some of the initial gains against the US Dollar (USD) at the early American session on Monday, with the USD/CAD pair trading around 1.3720 at the time of writing after hiting a daily low of 1.3686 earlier in the day as follow-through selling faded on the signs of easing trade tensions between the United States (US) and the European Union (EU).