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USD/CAD: OPEC oil deal boost Canadian dollar after weak jobs data

USD/CAD: OPEC oil deal boost Canadian dollar after weak jobs data
Forex
Crispus Nyaga
Author
Crispus N.
Apr 09, 2020, 11:25 AM
  • The USD/CAD pair dropped after OPEC members reached an agreement with Russia to cut oil.
  • The news from OPEC came shortly after Canada released the worst jobs report in years.
  • The Canadian dollar also rose because of the overall US dollar weakness after weak US jobs data
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