Canadian dollar rallies as jobs surge bolsters rate hike bets

Canadian dollar rallies as jobs surge bolsters rate hike bets

Upworthy

Published

The Canadian dollar CADUSD strengthened against its U.S. counterpart on Friday, recouping its earlier decline, as investors raised bets on further tightening by the Bank of Canada after domestic data showed a huge jobs gain in December. The Canadian economy gained 104,000 jobs last month, far…

#cadusd #statisticscanada #bankofcanada

Full Article