SYFX

Canadian dollar can’t hold gains after strong jobs report

Published On: March 12, 2021

Summary

By sueyangfx.com March 12, 2021 at 01:57PM USD/CAD drop overwhelmed by USD demand The inability of the loonie to hold gains after a blockbuster jobs report isn’t a great sign for the currency. USD/CAD fell as low was 1.2511 on […]

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By sueyangfx.com

March 12, 2021 at 01:57PM

USD/CAD drop overwhelmed by USD demand
The inability of the loonie to hold gains after a blockbuster jobs report isn’t a great sign for the currency.
USD/CAD fell as low was 1.2511 on the headlines from 1.2545 but it’s now completed the round trip. A big portion of that is due to broader USD demand – it’s

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