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USD/CAD pares Wednesday’s losses and climbed back above 1.3300 on a buoyant US Dollar

USD/CAD pares Wednesday’s losses and climbed back above 1.3300 on a buoyant US Dollar

by admin | Feb 2, 2023 | Forex

The rate hike by the US Federal Reserve tumbled the USD/CAD to new YTD lows. Falling oil prices and solid US labor market data underpinned the USD/CAD. USD/CAD traders are eyeing Friday’s US Nonfarm Payrolls data alongside ISM Non-Manufacturing PMIs. USD/CAD is...

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