Loonie Soars on Stellar Jobs Report, Denting USD/CAD

USD_CAD-article image

The USD/CAD currency pair plunged to a sharp sell-off on Friday, reaching 1.3630 in the early New York session. This drop stems from a powerful Canadian employment report released by Statistics Canada. Canadian Jobs Boom: Wage Growth Slowdown: Limited Impact on BoC Policy: Canadian Dollar Buoyed by Oil Prices: US Dollar: Uncertain Trajectory: The robust […]