- Canadian GDP expanded 0.3% in May.
- US data shows core consumer inflation slowing down.
- USD/CAD moves sideways on Friday, remaining near the levels it had a week ago.
The USD/CAD dropped to the 1.3200 area following US and Canadian economic data but then rebounded, approaching the key resistance area at 1.3250. The pair hit weekly highs at 1.3248 but failed to break higher as it continues to move sideways, and is about to end the week unchanged.
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