The USD/CAD currency pair has given back some of its gains following the release of US Producer Price Index (PPI) and Canadian employment data. The pair experienced a slight retreat after the economic reports were published. The US PPI and Canadian employment data had an impact on the currency pair’s movement. The market reacted to the data, causing the USD/CAD pair to surrender some of its earlier gains. Traders are closely monitoring these economic indicators to gauge the health of the US and Canadian economies. The exchange rate between the US dollar and Canadian dollar may continue to fluctuate in response to upcoming economic data releases.