US Dollar Rises Against Canadian Dollar on Hawkish Fed and Strong US Jobs Data
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USD/CAD rises on Fed's hawkish interest rate outlook and robust US jobs data boosting US Dollar.
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Higher US Treasury yields due to upbeat jobs numbers add support for the Greenback.
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Weaker crude oil prices drag down commodity-linked Canadian Dollar.
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US ADP jobs data and NFP report this week eyed for further Fed rate hike cues.
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Canada's Ivey PMI awaited to gauge business conditions impacting Loonie.
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