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The Canadian Dollar is encountering significant selling pressure, trading near the 1.3835 mark against the US Dollar as it struggles with a combination of declining crude oil prices and ongoing threats of US trade tariffs. Both currencies are currently facing individual headwinds, resulting in a lack of clear directional momentum for the USD/CAD pair in recent sessions. The weakness in global energy markets directly impacts Canada's commodity-linked economy, while proposed American trade policies add an extra layer of uncertainty.
