USD/CAD hovers around mid-1.3500s, one-month top as traders await US NFP report – FXStreet

The USD/CAD pair is lingering around the mid-1.3500s, reaching a one-month high as traders anticipate the US Non-Farm Payrolls (NFP) report. The market is eagerly awaiting this key economic indicator to gauge the health of the US labor market. This has led to increased volatility in the currency pair as traders position themselves ahead of the release. The USD/CAD pair’s movement in the mid-1.3500s reflects the current sentiment in the market as traders assess the potential impact of the upcoming data.