USD/CAD holds steady above 1.3550 ahead of Canadian CPI, US Retail Sales data – FXStreet

The USD/CAD pair remains stable above 1.3550 as traders await the release of Canadian CPI and US Retail Sales data. The currency pair is holding steady, showing resilience in the face of upcoming economic data releases. Investors are closely monitoring these reports to gauge the health of both the Canadian and US economies. The market is expected to react to any surprises in the data, potentially leading to fluctuations in the USD/CAD exchange rate. Overall, the current focus is on economic indicators as traders assess the impact on the currency pair.

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