ForexSource

Errante Academy Updates:

Strong CAD Boost After Jobs Data

1. The Canadian Dollar jumped sharply after a standout November jobs report crushed forecasts.
2. The strong employment numbers strengthened expectations that the Bank of Canada will keep interest rates steady next week.
3. With such solid data, the chances of another rate cut anytime soon have pretty much faded.

Instrument: Canadian Dollar | Sentiment: Positive

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