The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.

The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.

The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

The Bank of Canada (BoC) has decided to maintain its key policy rate at 5.0%, matching market expectations.

USDCAD creates bullish formation after sharp decline A close above 1.3400 could boost buying sentiment Canadian CPI figures for November due at 13:30 GMT

USDCAD creates bullish formation after sharp decline A close above 1.3400 could boost buying sentiment Canadian CPI figures for November due at 13:30 GMT

Following its U-turn from the 200-day exponential moving average (EMA), the USD/CAD pair extends to the run-up to 1.3300 during early Wednesday.

The Canadian Dollar was one of the best-performing majors over the past 24 hours, supported by better-than-expected local inflation data.