Canadian Dollar continues to grind it out in familiar territory

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The Canadian Dollar continues to find familiar ground near 1.3500 against the Greenback.

A lack of data from Canada leaves the CAD at the mercy of market flows.

US jobs preview figures outpace forecasts with NFP Friday looming ahead.

The Canadian Dollar (CAD) eased slightly on Wednesday as overall risk-off flows bump the Greenback higher. Middle East geopolitical tensions and overall investor outlook on upcoming US jobs figures dominate market attention during the midweek market session.

Canada released updated Purchasing Managers Index (PMI) to very little fanfare earlier this week, but precursor US Nonfarm Payolls (NFP) figures took center stage on Wednesday as investors grapple with hopes for further Federal Reserve (Fed) rate cuts.



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