U.S. Dollar Index gained ground as traders reacted to Non Farm Payrolls report, which indicated that the U.S. economy added 139,000 jobs in May. The report exceeded analyst forecasts.
USD/CAD gained ground as traders focused on the Employment Change report from Canada. The report indicated that employment increased by 8,800 jobs in May, compared to analyst consensus of -15,000.
If USD/CAD settles back above the 1.3700 level, it will head towards the 50 MA at 1.3742.
