The USD/CAD pair trades with mild losses near 1.3685 during the early European session on Friday. The US Dollar softens against the Canadian Dollar amid weaker-than-expected US economic data and a rise in crude oil prices.

This article highlights the extreme concentration in the market, noting that while the broader indices have struggled, these few giants continue to dictate the market's overall direction and valuation.

Market indexes scuba-dived today: went below the surface and stayed there, across the board. Bitcoin, metals and apparently equities are all being painted with the same quivering-hand brush.