USD/CAD reacts to Canadian employment

Note: This section contains information in English only.
Source: Dukascopy Bank SA


On Friday, at 12:30 GMT, Statistics Canada published their monthly employment data sets. The release consisted of the Employment Change and the Unemployment Rate. The Employment Change came in at 90.2 thousand instead of the market forecast 67.2 thousand. Official Unemployment rate was 7.1% instead of 7.3%.

The USD/CAD reacted to the news by declining 16 base points or 0.13%.

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