The dollar's brief rise against major currencies after the US GDP report highlights the FX market's bias towards negative US data over positive.
Last Friday, the Canadian dollar began showing signs of recovery against the US dollar, avoiding further declines toward the 1.39 mark. This revealed an unexpected resilience in the CAD.
The USD kicked off the new trading month with a notable uptick as yields surged again.
As spring approaches and global central bankers gear up for potential interest rate cuts amidst easing inflation and slowing economic activity
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