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February 18, 2025

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.

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