Canadian Dollar gains on surging Oil prices, USD/CAD eyes second weekly loss

USD/CAD trades under pressure on Friday as the Canadian Dollar (CAD) benefits from higher Oil prices, offsetting the US Dollar’s (USD) recovery. At the time of writing, the pair trades around 1.4022, near a one-month low.
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United States Capacity Utilization came in at 76.1%, below expectations (76.2%) in June

United States Capacity Utilization came in at 76.1%, below expectations (76.2%) in June
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