The USD/CAD currency pair continues to experience downward pressure, trading around 1.3780 during the Asian trading session on Friday. This marks the second consecutive session where the exchange rate has remained subdued, reflecting a cautious market sentiment amid prevailing expectations of a potential Federal Reserve rate cut.
The ongoing speculation about changes in U.S. monetary policy is influencing the forex market dynamics, causing traders to reassess their positions in the USD. As the possibility of lower interest rates looms, the Canadian dollar remains resilient, which may further impact the USD/CAD exchange rate in the near term.
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Data Source: FX Killer Analysis Team Updated: 2025-12-19 03:23
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.