USD/CAD rose as high as 1.0995 in early US trading but has slid back to 1.0975 to complete the round trip.
The peak came at 8:30 am ET, just as the PCE and initial jobless claims reports were released. Claims weighed broadly on the US dollar and the downward momentum continued of soft construction spending data.
In the larger picture, the gains close the gap somewhat on the mysterious slump on Tuesday.
USDCAD 10 minute