The USD/CAD currency pair is holding steady near Friday’s high, trading around the exchange rate of 1.3800 during the early European session on Monday. This resilience reflects the strength of the U.S. Dollar (USD) as the Canadian Dollar (CAD) struggles amid rising concerns over household spending.
As investor sentiment shifts, the underperformance of the CAD is gaining attention, potentially influencing future trading strategies. The current market dynamics may lead traders to reassess their positions as they monitor economic indicators that could impact the Loonie in the coming days.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 07:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.