ADP Employment Change slumped to -226.7K in April in Canada. USD/CAD pair edged lower toward 1.3900 after the data. Employment in Canada decreased by 226,700 jobs from March to April, the monthly data published by the ADP Research Institue revealed on Thursday. This reading followed March’s decline of 177,300. Commenting on the data, “the labour market experienced a sharp decline in April as a result of COVID-19,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The industries hardest hit by job losses were trade, leisure and hospitality, education and finance.” Market reaction Despite this data, the USD/CAD pair edged lower and was last seen trading unchanged on the day at 1.3898. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Silver New York Price Forecast: XAG/USD holding above $17.00/oz FX Street 2 years ADP Employment Change slumped to -226.7K in April in Canada. USD/CAD pair edged lower toward 1.3900 after the data. Employment in Canada decreased by 226,700 jobs from March to April, the monthly data published by the ADP Research Institue revealed on Thursday. This reading followed March's decline of 177,300. Commenting on the data, “the labour market experienced a sharp decline in April as a result of COVID-19,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “The industries hardest hit by job losses were trade, leisure and hospitality, education and finance.” Market reaction Despite this data, the USD/CAD… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
