Canadian Dollar Lags in Risk-On Rally

The Canadian dollar trails a global risk-on rally, with the USD/CAD pair holding firm. Investors favor riskier assets amid positive market sentiment, leaving the loonie on the back foot. This divergence highlights Canada's sensitivity to commodity prices and trade dynamics. The pair remains elevated as traders eye upcoming economic data from both nations. Broader forex markets surge, but CAD struggles to keep pace. Read more about this...