- USD/CAD remains flat around 1.3595 following the US and Canada Labor Day holiday.
- Market players speculate on a less aggressive Federal Reserve (Fed) stance following the mixed economic data results.
- BoC is expected to maintain its key interest rate unchanged at 5.00% on Wednesday.
The USD/CAD pair consolidates its losses below the 1.3600 mark during the early Asian trading hours on Tuesday. The major pair currently trades near 1.3595, up 0.03% for the day. The pair’s move is limited following the US and Canada Labor Day holiday. Investors await the Bank of Canada (BoC) interest rate decision and markets anticipate an unchanged in policy.
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