USD/CAD Forecast: Dollar Strengthens Amid NFP Impacts and Economic Trends
The U.S. economy experienced significant job growth in December, adding 256,000 jobs and bringing the unemployment rate down to 4.1%. This positive news contrasted with Canada’s impressive gain of 90,900 jobs, far exceeding expectations. As a result, the USD/CAD currency pair showed a slight bullish trend, rising due to strong U.S. employment figures while being ...
