The USD/CAD pair is experiencing a sideways trading pattern for the second consecutive day, hovering around the 1.3665 level during early European sessions. This consolidation keeps it close to the year-to-date lows reached recently, indicating potential vulnerability for further declines. As US and Canadian jobs data loom on the horizon, traders should brace for possible volatility that could lead to significant market reactions. Monitoring employment figures will be essential for assessing USD/CAD’s immediate direction.