The Canadian dollar fell to a two-week low on Friday. Canada’s unemployment rate jumped from 6.4% to 6.5%, raising the chances of the Bank of Canada making further rate cuts. The US economy added 142,000 jobs, below expectations of 160,000. The USD/CAD outlook shows a bullish sentiment shift as investors weigh the US and Canada’s…
The post USD/CAD Outlook: US and Canadian Jobs Data Push Buyers appeared first on Forex Crunch.
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