Canadian Dollar steady after packed US economic calendar
👉 US positive labor market data was initially bearish on the USD, but the currency recovered losses
👉 The ISM Manufacturing PMI came in weaker than expected, suggesting a contraction in the manufacturing sector
👉 Canadian Dollar remains under pressure due to rate cut expectations
@news_finance
👉 US positive labor market data was initially bearish on the USD, but the currency recovered losses
👉 The ISM Manufacturing PMI came in weaker than expected, suggesting a contraction in the manufacturing sector
👉 Canadian Dollar remains under pressure due to rate cut expectations
@news_finance