USD/CAD’s Uptrend Could Continue Around the NFP

By:
Michael Stark
Published: Dec 4, 2024, 15:02 GMT+00:00

How high might USD/CAD go?

In this article:

The price of dollar-loonie is now close to multi-year highs as the NFP approaches.

This has been a long-running trend over several months, which is somewhat unusual for a major forex pair.

Could the price continue upward or retrace lower around non-farm payrolls? Watch the video to find out the key drivers.

About the Author

Michael Starkcontributor

Michael is a financial content manager at Exness. He's been investing for around the last 15 years and trading CFDs for about the last nine. He favors consideration of both fundamental analysis and TA where possible.

Advertisement