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The article highlights the U.S. economic resilience amid global uncertainties, noting that the CUSMA extension deadline passed without changes to U.S.-Canada trade relations. Canadian economic data showed growth in April, with expectations of continued momentum in May. The U.S. economy remains a focal point for investors due to its robust performance and Federal Reserve policy trajectory. For markets, the stability in U.S.-Canada trade and strong U.S. economic indicators could support the USD against peers like CAD and CHF. Traders should monitor upcoming U.S. data releases and Fed statements for potential volatility. The broader implications for global markets hinge on whether the U.S. maintains its economic outperformance, which could influence risk appetite and capital flows.
