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April 29, 2025

USD/CAD Gains Amid Tariff Talks and Canadian Election Focus

The US Dollar has shown modest strength against other G10 currencies, as it works through the aftermath of a recent sell-off. Over the last few days, reports from the Trump administration regarding potential easing of tariff plans have supported the USD. As Canada moves closer to its election, currency analysts closely monitor the impacts on USD/CAD. Market participants should remain attentive to developments as they navigate this dynamic landscape.

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