Articles for tag: Canada employment report, economic outlook, Federal Reserve, Forex trading, Unemployment Rate, US job growth, USD/CAD forecast

Market News

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 ...

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