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NEWS: Canadian dollar shrugs off lockdown-induced soft jobs report June 04, 2021 at 02:03PM


Canadian dollar generally lower
USD/CAD is down 30 pips since the simultaneous release of US and Canadian jobs reports. Both reports were weaker but the market is more forgiving on the Canadian side because there were broad lockdowns in May and the economy has shown an ability to sharply rebound from lockdowns previously.

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