ONTRADE Forex

USD/CAD Forecast: Bears turn cautious ahead of US-Iran talks, US CPI, Canadian jobs data

USD/CAD Forecast: Bears turn cautious ahead of US-Iran talks, US CPI, Canadian jobs data
The USD/CAD pair gains some positive traction on Friday, snapping a four-day losing streak to the 1.3800 neighborhood or over a two-week low set the previous day. Doubts over the durability of the US-Iran ceasefire support the safe-haven US Dollar (USD) and act as a tailwind for spot prices.

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