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December 17, 2024

USD/CAD Weakens Below 1.4250 as Traders Await Inflation Data

The USD/CAD currency pair softens below 1.4250 as investors gravitate toward significant Canadian CPI inflation data. Traders prepare for potential impacts on currency valuations based on the forthcoming economic indicators. Understanding the relationship between inflation and currency strength will be vital in making informed trading decisions in this dynamic environment.

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