Friday, 7 May 2021

USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar

USD/CAD price action is back under pressure as the major currency pair snaps 30-pips lower to erase intraday gains in response to a big miss on monthly nonfarm payrolls data just released.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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