TODAY'S MARKET INTELLIGENCE
Canada Unemployment Rises to 6.7%, CAD Resilient; USD/CAD Consolidates
English summary
USD/CAD hovered near 1.4120 in early European trading on Tuesday. Despite Canada's October unemployment rising to 6.7% and job losses weakening Bank of Canada rate hike expectations, the pair remained resilient due to Fed higher-for-longer bets. Traders await US CPI data for direction.
The English text is machine translated and may require verification against the Chinese version.
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