Canadian Dollar edges lower against Greenback as risk-off flows dominate ๐Ÿ“‰๐Ÿ‡จ๐Ÿ‡ฆโžก๏ธ๐Ÿ‡บ๐Ÿ‡ธ

The Canadian Dollar weakened slightly against the US Dollar as investors moved toward safer assets amid cautious market sentiment ๐ŸŒโš ๏ธ. When โ€œrisk-offโ€ mood takes over, traders often favor the Greenback ๐Ÿ’ต due to its safe-haven appeal, putting pressure on commodity-linked currencies like the Loonie ๐Ÿ›ข๏ธ. Softer oil dynamics and global uncertainty also contributed to the pullback, keeping USD/CAD tilted upward in the short term ๐Ÿ“Š.

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