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May 2, 2025

USD/CAD Slips Below 1.3850 as Dollar Retreats Ahead of NFP

The USD/CAD pair is dropping during Friday’s Asian session, trading near 1.3830 after a previous session of gains. The USD is losing ground following a three-day rally, with investors closely watching the upcoming Nonfarm Payrolls (NFP) report for insights into employment trends affected by tariffs.

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