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USDCAD trades back near unchanged as buyers return

FxGain News Newsdesk · · reported by 1 source

USDCAD trades back near unchanged as buyers return

What we know so far

investingLive (Nov 9, 22:42): Recall that USDCAD moved sharply higher on Friday after a stronger US jobs report and a weaker Canadian jobs report. The contrast favored the US dollar, and the price action followed. Buyers took the pair above its 100-period moving average on the 4-hour chart, currently at 1.40289, and its 100-day moving average at 1.40423.The momentum carried the price through the…

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