USD/CAD has shown resilience, trading comfortably near 1.3900 during the Asian session on Thursday. The currency pair has maintained positive momentum for the third consecutive session, hovering around 1.3890. This stability is largely attributed to robust US economic data, which has bolstered the US Dollar’s position in the market.
The stronger-than-expected economic indicators have reinforced expectations for the Federal Reserve to maintain its current monetary policy stance, contributing to the USD's strength. As traders digest these developments, the exchange rate of USD/CAD remains closely watched, with potential implications for future movements as economic conditions evolve.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 05:25
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.