USD/CAD consolidates near weekly high, around 1.4070 as traders await Powell’s speech – FXStreet
The USD/CAD pair is currently consolidating near its weekly high, trading around the 1.4070 level. Traders are eagerly awaiting a speech from Federal Reserve Chairman Jerome Powell. The pair has been holding steady as investors anticipate any potential market-moving comments from Powell. Stay tuned for updates as the market reacts to Powell’s remarks.