USD/CAD got stuck in a volatility trap on Friday, briefly testing territory north of 1.3850 before taking a sharp step lower.

The USD/CAD outlook indicates a sudden shift in sentiment after the US released a poor monthly employment report.

The USD/CAD forecast shows intense pressure on the Canadian dollar as the August 1 tariff deadline looms large.

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Elsewhere, the Canadian dollar was higher against the euro, with EUR/CAD dropping 0.63% to 1.4181. Investing.com offers an extensive set of professional tools for the financial markets.