The Canadian dollar (CAD) is experiencing significant volatility against the U.S. dollar (USD) as traders prepare for the upcoming inflation report. Analysts have noted an 'epic winning streak' for the USD/CAD currency pair, with recent movements suggesting a trend higher following a stronger jobs report released on Friday. Retail traders are advised to monitor the situation closely, as many accounts have reported losses in the current market environment. Additionally, some analysts are observing potential undervaluation in the CAD across various currency pairs, indicating that market conditions may warrant careful consideration for those holding CAD positions.