Core Viewpoint - The Canadian dollar may face pressure due to the likelihood of further interest rate cuts by the Bank of Canada, driven by weak labor market data [1] Group 1: Economic Indicators - Recent labor market data has shown significant weakness, with a loss of approximately 65,500 jobs in August and 40,800 jobs in July, contrary to economists' expectations of a gain of 10,000 jobs [1] - The probability of a rate cut by the Bank of Canada has increased significantly following two consecutive months of disappointing employment figures [1] Group 2: Currency Trends - The USD/CAD exchange rate is currently trading at 1.3869, reflecting a 0.09% increase from the opening price of 1.3859 [1] - A resistance level is identified at 1.3900, with a potential upward target of 1.3950 if this level is breached; conversely, a key support level is at 1.3800, with a potential drop to 1.3740 if this support is broken [1] Group 3: Technical Analysis - The RSI indicator remains in a neutral to strong zone, suggesting that bullish momentum is still present, although short-term fluctuations may occur [1]
加拿大央行下周或降息 疲软就业数据施压加元
Jin Tou Wang·2025-09-11 04:13