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February 17, 2025

USD/CAD Faces Resistance Below 1.4200 as Canadian CPI Release Approaches

USD/CAD stays under pressure, unable to break the 1.4200 barrier. As investors brace for the upcoming Canadian Consumer Price Index (CPI) release, they closely monitor economic indicators. The currency pair has shown a lack of momentum, reflecting uncertainty in market sentiment. Investors remain cautious while awaiting new data that could significantly impact the price action.

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