USD CAD Recovers to 1 4300 With Traders on Edge Before US and Canadian Jobs Reports
The USD CAD currency pair has attracted buyers after breaking a three-day losing streak, recovering from a one-week low. Bearish oil prices played a critical role in undermining the Loonie, providing support for USD CAD. This recovery occurred amidst a repositioning trade as traders adjust their positions in anticipation of the upcoming US and Canadian jobs reports.
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