The USD/CAD currency pair continues to hold gains around 1.4450, following a previous session marked by losses. This upward movement is buoyed by a resilient US Dollar.

Market observers are closely watching the upcoming release of the US Consumer Price Index (CPI) data, as well as the Bank of Canada (BoC) interest rate decision. These events could significantly impact the currency’s performance in the near term.

Investors should stay alert for market volatility as traders adjust their positions ahead of these key economic indicators.