USD/CAD Stability: Can It Hold Ground Before Key CPI Report?
After experiencing two weeks of declines, USD/CAD appears to be stabilizing heading into the upcoming CPI report.
Traders are analyzing potential implications of tariff trade discussions which could greatly influence market movements.
Currently, USD/CAD maintains support, but keen attention will be necessary as the economic data is released.
The potential for a move towards 1.4000 remains a viable concern, underlining the importance of remaining vigilant in these volatile conditions.