USD/CAD remains in a holding pattern around 1.3690, recovering slightly from last week's dip near 1.3650. The US Dollar continues to benefit from heightened geopolitical risks stemming from the Middle East conflict, which typically drives safe-haven demand. Market participants are now focused on the imminent Canadian CPI release, a key inflation indicator that could sway Bank of Canada policy expectations and impact CAD strength. Traders should monitor CPI results closely, as a stronger-than-expected print may boost the Canadian dollar, while weaker inflation data could extend USD gains.