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After the release of employment data in the United States and Canada, the US dollar/CAD rallied after falling more than 30 points in the short term and is now trading at 1.3484.

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2024-09-06 20:35:15
United States Canada employment data post release US dollar Canadian dollar usddesk3cryptocurrencydesktopCrypto News
After the release of employment data in the United States and Canada, the US dollar/CAD rallied after falling more than 30 points in the short term and is now trading at 1.3484.
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On September 6, the yield on the 10-year U.S. Treasury bond fell to 3.657%, the lowest level since June 2023.
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Money markets slightly raised their expectations for a rate cut by the European Central Bank, which is now expected to cut interest rates by 64 basis points this year, compared with previous expectations of 62 basis points.

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