USD/CAD rises to highs since early July amid USD strength USDCAD Majors Currencies
The number of employed people in the US was 324,000 in July, according to Automatic Data Processing Inc. , which was higher than the 189,000 expectations but lower than the revised figure of 455,000 in June. Despite decelerating from its previous reading, it may suggest to the Federal Reserve that the sector is still tight and may contribute to inflationary pressures via rising wages.
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