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June, 18 - USD/CAD prints a two-day winning streak

USD/CAD prints mild gains of 0.10% while trading around 1.3580 during Thursday’s Asian session.

usdcad1806imgThe Loonie pair marks a second-day of rising following its U-turn from the weekly low of 1.3506. Though, the quote is still below Monday’s high of 1.3686.

Commodity currencies, like the Canadian Dollar, have recently been pressured amid a surge in the pessimism concerning the coronavirus’ (COVID-19) fresh wave. Apart from the most highlighted situations in Beijing, pandemic data from the US, Japan and Germany also suggest that the world is yet to overcome the deadly virus and its negative economic impacts.

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