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May 28, 2025

USD/CAD Continues Its Bullish Run Above 1.3800

The US Dollar (USD) is extending its gains on Wednesday, surpassing the 1.3800 mark against the Canadian Dollar (CAD) following a rebound. Influencing this momentum are optimistic consumer confidence data and easing trade war worries. Traders should focus on the upcoming FOMC minutes release, as it could further drive market sentiment and impact USD/CAD dynamics in the near term. Be prepared for volatility ahead as key data becomes available.

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