The USD/CAD pair is currently trading within a range, slightly above a multi-week low as tensions in the Middle East remain high. The pair has been consolidating in this range, showing a lack of clear direction in the market. Traders are closely monitoring the situation in the Middle East for any potential impact on the currency pair. As of now, the USD/CAD pair is hovering just above its recent low, with uncertainty prevailing in the market. Investors are advised to stay informed and cautious in their trading decisions amid the ongoing geopolitical tensions.