The Dollar has been trading on a softer tack so far today, posting fresh lows in the cases against the Canadian and Australian Dollars, which have outperformed amid a backdrop of firmer crude and global equity markets, while still holding below recent lows versus other currencies. USD-CAD, now in its sixth consecutive session of decline, which has been concomitant with a series of higher rebound highs in oil prices, printed a five-week low at 1.3226, while AUD-USD lifted to a fresh three-week high at 0.7171. EUR-USD lifted back above 1.1450, but has remained within recent range bounds.
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