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Tag: Canadian Labor Data

Capital and Risk, Liquidity

USD/CAD Breaking News: Loonie Retreats on Canadian Labor Data

September 9, 2022

Via: DailyFX

BIG MISS ON CANADIAN EMPLOYMENT HAS MARKETS FAVORING USD After the Bank of Canada (BoC) hiked interest rates by 75bps on Wednesday, CAD bulls built up a head of steam prior to today’s labor release. Markets overexuberance in the dollar […]