USD to CAD - Daily Chart |
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Like many other currency pairs the future direction for the usd to cad depends to a great extent on the outcome of tomorrow's NFP numbers and ECB interest rate decision. In the meantime today has seen the release of the ADP figures which have come in far worse than expected at -473k against a forecast of -388k which may well be a portent for tomorrow's key number. Although the ADP is only estimate of the change in private sector jobs its has recently been a good indicator for the Read More...
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