Muted Trading as Canadian Dollar Fails to Bounce on Strong Job Data

Trading in the early US session is relatively subdued, with little momentum driving market moves. Canadian Dollar, despite an initial attempt to rally on the back of stronger-than-expected job data, has not been able to attract sustained buying interest. The market continues to price in further easing from BoC, as expectations mount that the central […] The post Muted Trading as Canadian Dollar Fails to Bounce on Strong Job Data appeared first on Action Forex.

Oct 14, 2024 - 12:50
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Muted Trading as Canadian Dollar Fails to Bounce on Strong Job Data

Trading in the early US session is relatively subdued, with little momentum driving market moves. Canadian Dollar, despite an initial attempt to rally on the back of stronger-than-expected job data, has not been able to attract sustained buying interest. The market continues to price in further easing from BoC, as expectations mount that the central […]

The post Muted Trading as Canadian Dollar Fails to Bounce on Strong Job Data appeared first on Action Forex.

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