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USDCAD pares post US data gains

USD
  • While the CAD gained from the get go against the EUR following the better than expected Canadian employment data.
  • Some consolidation from the low in Risk, helps the USD unwind some of its post US Data gains, and CAD is now back on the front foot against the USD.
  • USDCAD targets a test to 1.3700.
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  • While the CAD gained from the get go against the EUR following the better than expected Canadian employment data.
  • Some consolidation from the low in Risk, helps the USD unwind some of its post US Data gains, and CAD is now back on the front foot against the USD.
  • USDCAD targets a test to 1.3700.