Forex News USD/CAD is edging higher and is currently around C$1.0110 despite USD softer tone vs majors as CAD in cross trading vs non-USD currencies. Market players are taking profits on earlier CAD gains on the crosses, one Toronto currency trader said. But trading flows are notably light, and USD/CAD will likely remain confined to recent ranges in coming sessions, he said. "By and large, the markets are very quiet, and we're not expecting any major movement out of the existing range," the trader said.
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