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February 12, 2025

USD/CAD Strengthens Ahead of US CPI Release

The USD/CAD exchange rate gains strength near the 1.4300 level, as traders eagerly await the release of the US CPI data. This critical report could impact the US Dollar’s performance and its relations with the Canadian Dollar. With the market anticipating potential shifts based on economic data, traders are positioning themselves strategically. As the release date approaches, market analysts will analyze how this crucial economic indicator affects USD/CAD movements in today’s trading session.

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