The Canadian dollar (CAD) is facing pressure due to a weak economy, causing the USD/CAD pair to fluctuate. This week’s forecast suggests that the CAD may continue to struggle against the US dollar (USD). Investors are closely monitoring economic indicators to gauge the strength of the Canadian economy. The ongoing economic challenges are likely to weigh on the CAD in the near future. Traders should keep a close eye on developments in the USD/CAD pair as market conditions evolve.
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