USD/CAD climbs to fresh weekly top, closer to mid-1.3800s ahead of FOMC minutes

  • The USD/CAD pair is seen prolonging this week's goodish recovery move from the 1.3685 area, or its lowest level since October 2024, for the third consecutive day on Wednesday. Spot prices currently trade near the weekly top, around the 1.3835-1.3840 region, up nearly 0.30% for the day amid some follow-through US Dollar (USD) buying.