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Austria HICP (MoM) in line with expectations (0.3%) in August

Austria HICP (MoM) in line with expectations (0.3%) in August
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USD/CAD holds positive ground above 1.3750, BoC/ Fed rate decisions in focus

The USD/CAD pair gains traction to around 1.3750, snapping the two-day losing streak during the early European session on Wednesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) amid the expectation that the Bank of Canada (BoC) will resume interest-rate cuts later on Wednesday.
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