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Forex

Trade Talks Steady USD/CAD as Australian Inflation and NVIDIA Earnings Loom

Guavy AI Editorial Team
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USD CAD AUD
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The USD/CAD currency pair has steadied near 1.3650 as trade negotiations between the US and Canada resume, offering temporary support for the Canadian dollar.

Despite this development, traders are shifting their attention to upcoming Australian inflation data and NVIDIA's earnings report due later this week.

Australia's monthly consumer price index is expected to rise to 3.4% year-over-year, which could force the Reserve Bank of Australia to reconsider its easing bias and potentially strengthen the AUD/USD pair.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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