Just been looking at USD/CAD and it's holding pretty steady around 1.3770-1.3775. The pair is sitting right on the 200-period moving average on the 4-hour chart, which is basically acting as a floor for now. Not seeing a lot of conviction either way—RSI is hovering around 50, so it's pretty much in indecision mode. Resistance is up at 1.3820, but honestly feels like we're just consolidating in a tight range.

The real story here is what's happening with the Fed versus the Bank of Canada. The US is keeping rates higher for longer because inflation is still sticky and the job market won't quit. Canada's dealing with more household debt, so they might need to cut rates sooner. That policy gap is basically what's been supporting the USD to CAD forecast lately. On top of that, crude oil usually helps the loonie, but right now it's not doing much to offset the broader dollar strength.

So for the USD to CAD outlook, I'm watching that 1.3770 level closely. If we hold above it, the bias stays slightly bullish. Break below and we could test 1.3720. But really, nothing's going to move decisively until we get some clarity on whether the Fed actually starts cutting this year. That's going to be the main driver for any USD to CAD forecast going forward. For now, just range-bound trading until something breaks.