The Canadian economy had a rousing employment report in March with more than three times as many jobs created as had been forecast. Yet with rising virus cases in several provinces, a new lockdown in Ontario, meandering oil prices and resilient US treasury rates, the USD/CAD could not break new ground. The pair finished at 1.2532, on the low side of the week’s 1.2502-1.2634 range and more than a figure from its three-year bottom of 1.2365 on March 18. {chart} Canada and the United States have symbiotic economies, when one thrives, in most cases, so does the other. March employment numbers, 916,000 south of the 49th ... (full story)