The USD/CAD pair trades positively, hovering around 1.3880 during the early Asian session on Thursday. Although there is a slight gain in this pair, upward movement may face challenges due to rising trade uncertainties. As the BoC maintains its policy rate at 2.75%, investors closely monitor these developments, which can significantly influence market dynamics. The geopolitical landscape continues to evolve, posing questions about the future direction of the USD/CAD pair. Traders should stay alert for any developments on trade relationships that could impact the Canadian dollar’s strength. A cautious approach may be wise as volatility often accompanies uncertain global markets.