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USD/CAD Price Analysis: Dollar Slips After Weak NFP

by Forex Crunch
November 1, 2024
in Forex Analysis
Reading Time: 1 min read

The US economy added only 12,000 jobs in October. Canada’s economy made no change in August. The US core PCE increased by 0.3%, leaving Fed rate cut bets unchanged. The USD/CAD price analysis shows new bearish sentiment as the dollar collapses after a dismal employment report. Meanwhile, the Canadian dollar is ending October with its…
The post USD/CAD Price Analysis: Dollar Slips After Weak NFP appeared first on Forex Crunch.
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