• USD/CAD is set to trim some of its weekly losses, with bulls eyeing 1.3400.
• US Retail Sales take a nosedive, plunging 1% MoM in March, while Industrial Production falls for the first time in 2023.
• Inflation expectations for one year in the United States soared 1%, from 3.6% to 4.6%.

The USD/CAD snaps four days of straight losses and bounces from weekly lows around 1.3300 early in the North American session. A tranche of US data flashes the economy is feeling the cumulative tightening by the US Federal Reserve (Fed) while Consumer Sentiment improved. The USD/CAD is trading at 1.3366, above its opening price.