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USD/CAD Price Forecast: Remains near 1.4050 within ascending channel

USD/CAD moves little after registering more than 0.5% gains in the previous session, trading around 1.4060 during the European hours on Thursday. The daily chart’s technical setup reflects a revived bullish bias, with the pair rebounding within its ascending channel pattern.
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EUR/USD dives further as traders pare back Fed cuts bets

EUR/USD extends losses for the fifth consecutive day and trades at 1.1520 at the time of writing on Thursday after a sharp reversal from levels near 1.1600 on Wednesday.
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