USD/CAD Forecast Aug. 10-14 – Greenback Recovers After Solid Nonfarm Payrolls

I am neutral on USD/CAD

The Canadian dollar continues to hold its own against the greenback, but wasn’t able to make any inroads last week. Both the US and Canada posted strong job numbers on Friday, August 7, so there wasn’t much volatility from the pair at the end the week. The lack of activity could continue in the upcoming week.

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