The USD/CAD currency pair remains range-bound as mixed economic data from the United States weighs on the market. Currently trading around 1.3784, the pair has recovered slightly after hitting an intraday low of 1.3755. The rebound in the US Dollar has kept the exchange rate confined within its established range over the past week.
Canadian Retail Sales figures showed softness, contributing to the CAD's struggle against the Greenback. As traders assess the implications of the latest data, the exchange rate reflects market uncertainty, with investors closely monitoring future economic indicators that could influence the USD/CAD trading dynamics. The current stability suggests a cautious sentiment among traders as they await clearer signals.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 16:25
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.