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USDCAD awaits US Non-Farm Payrolls, possible 100 pips decline

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FX:USDCAD   U.S. Dollar / Canadian Dollar
The US Dollar could edge lower as much as 100 basis points within this session.
Traders and investors are awaiting the US macroeconomic data releases, namely, the US Non-Farm Payroll, Trade Balance, and the US Fed's Chairman speech, which could increase volatility in the market.
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