UFXBank Daily News: The dollar made a big rally versus the majors

Canada's dollar dropped to its lowest level against the dollar in almost 3 weeks as commodities and stocks tumbled over concerns about the U.S

. recovery. Holding above the support level of 1.04 keeps the momentum positive for the pair. Overall, USD/CAD traded with a low of 1.0302 and a high of 1.0487. No economic data is expected today.

UFXBank Daily News: The dollar made a big rally versus the majors

By: Forex Ace

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