USD/CAD drops below 1.2900, sets new multi-year lows

USD/CAD is suffering amid a broader tone of USD weakness that saw the Dollar Index (DXY) drop as low as the 90.50 level at worst levels. The pair drop
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US Jobless Claims: It is unclear if the near-term trend will remain downward – Wells Fargo

Data released on Thursday showed Initial and Continuing Jobless Claims dropped more than expected compared to last week. With renewed pressure on busi
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