USD/CAD trades near mid-1.3900s, marking a two-day decline as investors prepare for Friday's jobs report to provide fresh direction for the pair.
USD/CAD is trading around the mid-1.3900s on Thursday, near its lowest since September 16, after a second straight day of selling pressure. That means the pair is falling and holders face lower prices, though traders are waiting for Friday's jobs data before committing further.
Around the mid-1.3900s on Thursday, close to its lowest since September 16.
Traders are watching Friday's jobs data.
The USD/CAD pair faces selling pressure for a second consecutive session, hovering near its lowest levels since September 16. Market participants are currently sidelined as they await critical labor market data scheduled for release on Friday.
The pair is trading around the mid-1.3900s, reflecting a decline over the last two sessions.
Traders are exercising caution ahead of the upcoming jobs data release on Friday, which is expected to influence future price action.