Forex news for US trading on April 8, 2016
The dollar ended the day as the weakest of the major currencies – falling the most against the CAD. The Canadian dollar benefited from a double dose of positive fundamentals; 1. stronger job gains (+40K jobs and the unemployment rate coming down from 7.1% from 7.3%), and 2. Crude oil futures up >6% on the day. Oh, Canada! PS Next week the BOC will release there current statement on monetary policy