The Canadian dollar edged higher against its U.S. counterpart on Thursday but the move was modest as the greenback notched broad-based gains and after new U.S. trade tariffs cast doubt about prospects of a trade deal this month between Canada and the United States.

The Canadian Dollar continues to struggle with holding onto near-term gains, and the USD/CAD pair is strung along a growing consolidation zone just below the 1.3700 handle. Ongoing CAD weakness, or USD strength,

The Canadian Dollar (CAD) has dropped to 207.88 Pakistani Rupee (PKR) as of today, down from the July 4 rate of 209.06 PKR. This follows a

The Canadian dollar weakened to a 12-day low against its U.S. counterpart on Wednesday as the greenback notched up broad-based gains after investors shrugged off the latest U.S. tariff threats.

The USD/CAD pair extends its recovery move to near 1.3700 during European trading hours on Wednesday, the highest level seen in over a week. The Loonie pair bounced back after revisiting nine-month low around 1.3550, following the release of the better-than-projected United States (US) Nonfarm Payrolls (NFP) data for June.