USD/CAD Price Analysis: Retreats To 1.3600 As US Dollar Stays On Sidelines Ahead Of US Inflation
April 08, 2024 at 09:10 AM EDT
USD/CAD faces pressure above 1.3600 as US Dollar fails to capitalize on strong US NFP. Traders have shifted expectations for Fed reducing rates in the second half of this year. Weak Canadian Employment boosts early BoC interest rate cuts.