Recent surprises in growth and inflation metrics have placed the Bank of Canada in a challenging position, compelling analysts to predict a hold in interest rates this June. The USD/CAD pair is currently bouncing off crucial technical support, leading traders to focus on Governor Macklem’s post-decision tone for further direction. Understanding the implications of these economic surprises is vital for those engaged in currency trading, especially around the USD/CAD pair. Stay connected for key insights and strategies as events unfold in this critical market.