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January 7, 2025

USD/CAD Bounces Back as Reports Surface on Trade Policies

USD/CAD Recovery Observed

The USD/CAD pair has shown signs of recovery, climbing back to approximately 1.4345. This movement occurs amidst reports involving trade policy talks under President-elect Trump.

Market Analysis

Market participants remain cautious as discussions continue on tariff implementations. The dollar’s recent gains demonstrate fluctuating sentiments in response to political dynamics.

Conclusion

As USD/CAD recovers, attention must be on ongoing news that can significantly affect investor strategies and market trends.

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