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The above image with the presented macroeconomic data shows where we are. You can see that analysts expect the situation to improve in Canada and a slight deterioration in the US. The forecast for the US is not significant because at 20.00 EU time there will be a FOMC statement which is definitely more important. Until then, we can expect the strengthening of the Canadian dollar, which has been gaining strength since the middle of last week. Some data is included in the present price and the FOMC statement will be decisive. Personally, I do not touch this currency pair today.

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