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April 23, 2025

USD/CAD Retreats to 1.3800 Mark: Analyzing Market Trends

The USD/CAD currency pair has experienced a retreat from the earlier high of 1.3860, falling back to around 1.3800 during European trading hours. This pullback occurred despite President Trump’s assurances regarding trade relations with China. Investors should remain attentive to developments as they could lead to further fluctuations in the USD/CAD pair. Staying updated on trade negotiations and economic indicators is essential for currency trading effectiveness in this evolving landscape.

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