USD/CAD Slides Toward 1.3800 Ahead of Key Economic Releases

The USD/CAD currency pair is trading in negative territory around 1.3810 during the early Asian session on Friday. This decline comes amid growing concerns regarding a U.S. court ruling that could significantly alter the outlook for U.S. tariffs. Economic analysts suggest that uncertainty around the ruling is adding downward pressure on the U.S. dollar.

Market participants are waiting for the release of the U.S. Personal Consumption Expenditures (PCE) index and Canadian GDP figures, both of which could further influence the USD/CAD dynamics as traders assess economic health on either side of the border.