- USD/CAD jumped in response to the US jobs data.
- Despite the lower-than-expected job growth in March, the US Dollar gained ground.
- Average Hourly Earnings edged lower, while the jobless rate remained unchanged.
The USD/CAD touched four-day news highs after the US Nonfarm Payrolls, though it retreated somewhat, as the US jobs data showed that the labor market continued to slow down. At the time of writing, the USD/CAD trades volatile within the 1.3497-1.3510 range, holding to its earlier gains.
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