Yesterday's US labour data are bad news for USD
The USD is currently being influenced by investors' perception of whether the Federal Reserve will raise interest rates yet again next week.
The USD is currently being influenced by investors' perception of whether the Federal Reserve will raise interest rates yet again next week. The US initial unemployment claims data released yesterday slightly exceeded the forecast and the previous value. In the past week, there were 261,000 new unemployment claims. If the data will continue this way, the USD/CAD pair will resume its decline.
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