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March 7, 2025

USD/CAD Price Moves Hesitantly Ahead of Employment Data

The USD/CAD currency pair trades around 1.4300 during Friday’s European trading hours. The Loonie struggles to find direction as market participants await crucial employment data from both the U.S. and Canada, which is due for release soon. This announcement could spark volatility in both currencies, making this a critical time for traders operating in this pair. Keep an eye on the economic indicators as they are likely to influence price movements significantly.

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