The Canadian dollar doesn’t bow before the US Non-Farm Payrolls. USD/CAD made a break lower, and is now trading at the lowest levels since November 2007. Here are 3 reasons for move. USD/CAD is now trading at 0.9650, breaking below the previous levels of around 0.9680, and confirmed the break below the 0.97 line. The next level below is 0.96. 0.97 turns into resistance, followed by 0.98. Why is loonie rising? (full story)