USD/CAD. Analysis and Forecast
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Today, Friday, the USD/CAD pair is pulling back from a three-week high near 1.3775 recorded yesterday. At the moment, prices are trading slightly below the 1.3730 level, showing a modest daily decline of about 0.15%. This dynamic points to a lack of strong bearish conviction.The overall backdrop for the US dollar remains moderately bullish despite comments from Federal Reserve Governor Christopher Waller supporting a rate cut in July. These dovish remarks have caused a slight pullback in the US dollar
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