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ReutersRefinitivJan 9, 17:22 EST

Canadian Dollar (USDCAD) Tumbles on Rising Unemployment and Venezuela Oil Risks

The Canadian dollar weakened sharply against the U.S. dollar, driven by rising unemployment and Venezuela's impact on oil exports. Stronger U.S. job data reduced Fed cut expectations, boosting USD wh…

USDCAD

ReutersJan 9, 12:55 EST

Canadian Dollar (USDCAD) Slides on Venezuela Risks and Rising Unemployment

USDCAD weakened amid rising Canadian unemployment and geopolitical risks from Venezuela impacting oil exports, while U.S. employment data boosted the USD and dampened expectations of a Fed rate cut.

USDCAD

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