CAD weakness persisting on softer jobs, watching EURCHF for divergence

The latest Canadian jobs data certainly didn't do $CADUSD any favors, pushing us further from that 0.72 mark and keeping the pressure on the downside. It's becoming increasingly difficult to see the BoC tightening much further given the softening employment picture, which could mean a continued grind lower for the loonie. I'm keeping a close eye on how this plays out against broader USD strength, as any hint of a Fed pause could offer some counter-balance, but for now, the path of least resistance seems down.

Separately, I've noticed $EURCHF pushing up towards 0.94096. It's an interesting move given the generally subdued euro sentiment elsewhere. I'm looking for signs of divergence here, especially if the SNB starts to sound more dovish, potentially opening up a tactical long if we get a convincing break and retest of that level. Not committing yet, but it's on the watchlist for a potential setup.