USD/CAD price analysis: Consolidation holds below 1.3900 as Fed and trade policy risks loom

The USD/CAD pair trades modestly higher around 1.3800 during Tuesday’s North American session, bouncing within a tight range after testing six-month lows earlier in the week.
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BoE’s Bailey: Fragmenting the world economy will be bad for growth

At an IMF event, Bank of England Governor Andrew Bailey said that the central bank must take the risk to economic growth from global trade disruption very seriously.
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