Canadian Dollar extends drop on labour market data

Source: Bloomberg
© Dukascopy Bank

Loonie depreciated for a third consecutive day against greenback after data showed country's employers hired fewer than expected new employees in December while unemployment level surged to 9-month record high. Canadian dollar lost 0.8% reaching C$1.0284 in Toronto evening trade. Currently USD/CAD is trading at C$1.0304.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.