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Canadian Dollar Jumps on Strong Job Data, Dollar Rebounds With Yields

Dollar rebounds broadly again today as markets are unsettled by renewed strength in treasury yield. At the time of writing, US 10-year yield is back pressing 1.6 handle. DOW future is trading mildly higher, but NASDAQ futures is down -1.3%. Though, Canadian Dollar is even stronger as lifted by much stronger than expected employment data. […]

The post Canadian Dollar Jumps on Strong Job Data, Dollar Rebounds With Yields appeared first on Action Forex.

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