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USD/CAD Price Forecast: Bearish pressure builds below 1.4000

USD/CAD trades on the back foot on Monday even as the US Dollar (USD) regains some ground after weakening last week following softer-than-expected US Nonfarm Payrolls (NFP) data. Attention now turns to Wednesday’s US Consumer Price Index (CPI) report.

USD/CAD Price Forecast: Bearish pressure builds below 1.4000

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