According to FxStreet .com Scotiabank's Chief FX Strategist, Shaun Osborne, highlights the focus on Canada's June CPI report, expected at 8:30 ET. Forecasts predict a 0.1% monthly increase and a 2.8% annual rise, slightly down from May's 2.9%. Core inflation is anticipated to decrease slightly. If data aligns with expectations, it could support another rate cut by the Bank of Canada and stabilize USD/CAD around 1.36. The CAD remains stable, with minor support at 1.3645/50 and firm support at 1.3595/00. Major resistance is noted at 1.3750/55.

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