USDCAD and BOC's next move

It's interesting watching $USDCAD hover around 1.40 even after the recent US CPI print. Given the Fed's stance and the ongoing strength of the US dollar, I expected a bit more upward pressure. The Canadian economic data has been a mixed bag, certainly not providing any strong tailwinds for the CAD.

The real question now is how much more hawkish the Bank of Canada can afford to be, especially if the US continues to show resilience. We've seen $USDCAD hit its day high around 1.40231, but it keeps pulling back. Feels like there's a lot of indecision at this level, and I'm curious what everyone's outlook is for BOC's next meeting, considering the broader macro landscape.