{"id":75209,"date":"2022-11-07T19:42:32","date_gmt":"2022-11-07T15:42:32","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=75209"},"modified":"2022-11-07T19:44:10","modified_gmt":"2022-11-07T15:44:10","slug":"usd-cad-retreats-amid-risk-appetite-canadian-jobs-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-cad-retreats-amid-risk-appetite-canadian-jobs-data\/11\/07\/market-updates\/","title":{"rendered":"USD\/CAD retreats amid risk appetite, Canadian jobs data"},"content":{"rendered":"\n<p>The USD\/CAD pair dropped after hitting the 1.3800 weekly high last week, falling by almost 2.50%. At the time of writing, the USDCAD is trading at 1.3505, down by 0.22%.<br><br>The US jobs data was mixed, though a higher unemployment rate could push the brakes of the aggressive Fed\u2019s rate hiking wheels.<br><br>The Canadian employment data crushed estimates while adding to inflationary pressures due to wages reaching the 5.55% threshold. The USD\/CAD pair also extends its losses to two-consecutive days, testing the 50-day Exponential Moving Average (EMA) amid prevalent positive market sentiment, as the United States mid-term elections and the US Consumer Price Index (CPI) are awaited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USD\/CAD pair dropped after hitting the 1.3800 weekly high last week, falling by almost 2.50%. At the time of writing, the USDCAD is trading at 1.3505, down by 0.22%.The US jobs data was mixed, though a higher unemployment rate could push the brakes of the aggressive Fed\u2019s rate hiking wheels.The Canadian employment data crushed &hellip;<\/p>\n","protected":false},"author":13,"featured_media":70532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7672,7015],"class_list":["post-75209","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-jobs-data","tag-usd-cad"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=75209"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75209\/revisions"}],"predecessor-version":[{"id":75245,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/75209\/revisions\/75245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70532"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=75209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=75209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=75209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}