USD/CAD: Canadian Employment Data Set

Source: Dukascopy Bank SA

The US Dollar depreciated against the Canadian Dollar, following the Canadian Employment data set release on Friday at 12:30 GMT. The USD/CAD exchange currency rate lost 75 pips or 0.57% right after the release. The Greenback continued trading at the 1.3210 level against the Canadian Dollar.

Statistics Canada released the Canadian Unemployment Rate data, which came out better-than-expected of 5.5% compared with the forecast of 5.7%.

According to the official release: "Growth in employment was concentrated among both men and women in the core working ages of 25 to 54. There were more people working in health care and social assistance, as well as in accommodation and food services. At the same time, there were declines in information, culture and recreation, and in natural resources. The number of self-employed workers increased, as did the number of employees in the public sector.

Historical Data: Canadian Unemployment Rate
Date07.06.1905.07.1909.08.1906.09.1911.10.19
Actual5.4%5.5%5.7%5.7%5.5%
Forecast5.7%5.5%5.5%5.5%5.7%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/CAD0.902940.89924-0.41%
CAD/CHF0.751850.755140.44%
EUR/CAD1.466641.46059-0.41%
USD/CAD1.32861.32279-0.44%
Oct 11, 2019 Open Positions
PairLongsShorts
AUD/CAD52.9%47.1%
CAD/CHF67.9%32.1%
EUR/CAD71.4%28.6%
USD/CAD48.3%51.7%
Economic Calendar for Oct 15, 2019
GMTCurrencyEventForecastPrevious
0:30AUDMonetary Policy Meeting Minutes--
8:30GBPAverage Earnings Index 3m/y4.0%4.0%
21:45NZDCPI q/q0.6%0.6%
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Actual Topics

Wed, 16 Oct 2019 14:45:53 GMT

USD/CAD: Canadian CPI

The US Dollar appreciated against the Canadian Dollar, following the Canadian CPI data release on Wednesday at 12:30 GMT. The USD/CAD exchange currency rate gained 26 pips or 0.19% right after the release. The Greenback continued trading at the 1.3220 level against the Canadian Dollar.

Thu, 10 Oct 2019 14:33:20 GMT

EUR/USD: US CPI

The European Common Currency traded sideways against the US Dollar, following the US CPI data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.04% right after the release. The Euro continued trading at the 1.1025 level against the Greenback.

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