Canadian Dollar Strength Overwhelmed, Euro Vulnerable after ECB In a week full of heavy weight events, the Canadian dollar ended up being the strongest currency with help from strong employment data. Economic data from US were solid. While the March ISM indices missed expectations, there were improvements over February's figures. Non-farm payroll also met expectations while the steady unemployment rate was due to rise in participation rate, which was a positive sign. While the greenback did appreciate against most major currencies, it was overwhelmed by the Canadian and Australian dollar. Euro, on the other hand, was pressured as ECB Draghi mentioned the discussion of QE in the post meeting press conference. Yen was mixed as it reversed initial weakness when stocks suffered steep selloff of Friday. New Zealand dollar ended up as the biggest loser. Full Report Here... | 
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