The Canadian dollar remained stable against the US dollar ahead of the release of US inflation data. The USD/CAD pair held steady as investors awaited the latest figures on inflation in the United States. The Canadian dollar showed resilience as traders monitored the economic data. The currency pair maintained its position as market participants analyzed the potential impact of the US inflation data on currency exchange rates. The Canadian dollar’s stability reflected the cautious sentiment in the market leading up to the release of key economic indicators.
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