USD/CAD Treads Water Ahead of Key US, Canada Jobs Data; Softer Oil Prices Weigh on Loonie
-
USD/CAD trades sideways around 1.3700 ahead of US/Canada Employment data.
-
US ADP report shows private sector added 89K jobs in September, down from 180K in August.
-
Canada's September payrolls expected lower at 20K, jobless rate seen higher at 5.6%.
-
US Dollar Index extends downside as job growth expected to cool.
-
Weaker oil prices weigh on commodity-linked Canadian Dollar.