USD/CAD struggles to extend recovery above 1.3500 amid weak US Dollar. Cooling US labor market conditions indicate that Fed rate cut bets for June remain on the table. Slower Canada’s wage growth indicates that the inflation outlook is softening. The USD/CAD pair faces pressure while attempting to extend recovery above the psychological resistance of 1.3500 in the European session on Monday. The Loonie asset is expected to resume its downside journey as the broader appeal for the US Dollar re