Canadian Dollar extends drop on labour market data

Note: This section contains information in English only.
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.

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