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TLby u/tuan_le·3hDiscussion

Watching CAD after latest oil inventory report

The latest API crude oil inventory report showing a larger-than-expected build is definitely on my radar. If we see a similar trend in the EIA data later today, it could put further pressure on oil prices, potentially weakening the $USDCAD pair even more from its current 1.40763. I'm just watching for now, considering how much energy exports influence the Canadian economy.

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