USD/CAD Forecast: Dollar Strengthens Amid NFP Impacts and Economic Trends
In December, the US economy saw impressive job growth, adding 256,000 jobs, while the unemployment rate dropped to 4.1%. Meanwhile, Canada reported a surprising addition of 90,900 jobs, significantly exceeding predictions, which brought their unemployment rate down to 6.7%. These positive employment reports from both countries created a slightly bullish outlook for the USD/CAD currency ...