The USD CAD pair trades lower at approximately 1.3870 in Thursday’s Asian session. This marks a decline after a 0.50% increase the day before. The US Dollar faces pressure due to insights from the Federal Reserve’s Beige Book. This report signals a downturn in economic conditions.

As traders analyze the Beige Book, concerns about ongoing economic challenges intensify. Many market participants now predict possible shifts in Federal Reserve policy in response to these concerns.

Market reactions to economic indicators are crucial at this time. Investors should remain alert as further developments unfold.