The USD/CAD rose to 1.3745 after the release of US and Canadian labor market data and then reversed, pulling back toward the 1.3700 area. The positive
The US economy adds 336K jobs in September, surpassing expectations of 170K. Canadian employment rose by 64K, also surpassing expectations. USD/CAD remains near the 1.3720 area as the Loonie outperforms. impact of the US figures was offset by the Canadian report. Upbeat jobs reports The Unemployment Rate in Canada held steady at 5.5% in September, better than the market consensus of a modest increase to 5.6%. Employment rose by 63,800, above the 20,000 expected.
The numbers boosted both the US Dollar and the Canadian Dollar, resulting in the USD/CAD remaining in a familiar range around 1.3720. The Loonie is outperforming while the US Dollar Index is up by 0.45%, approaching the 107.00 level. USD/CAD Overview Today last price 1.3714 Today Daily Change 0.0009 Today Daily Change % 0.07 Today daily open 1.3705 Trends Daily SMA20 1.3554 Daily SMA50 1.3514 Daily SMA100 1.3412 Daily SMA200 1.3461 Levels Previous Daily High 1.3786 Previous Daily Low 1.
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