Canada gained 10.9K jobs in July, slightly better than expected. The unemployment rate dropped surprisingly to 6.3%, but this comes on top of a drop in the participation rate to 65.7%. Full-time employment is up 35.1K while part-time employment dropped by 24.3K. This is a good composition. The unemployment rate is at the lowest level in the post-crisis world. USD/CAD tops 1.26, but this is due to a favorable jobs report in the US. Canada’s trade balance came out with a wide deficit of 3.6 billion, much worse than 1.3 billion originally expected. Canadian was expected to report a gain of 10K jobs in July, a modest gain in comparison to 45.3K in June. The unemployment rate was predicted to remain at 6.5%. Canada enjoyed a winning streak of excellent jobs reports during 2017. USD/CAD was trading around 1.2565 ahead of the publication. The US released its own jobs report at the same time. Preview: USD/CAD: A ‘One-Off Level Shift’; Dual Employment Reports Key This Week Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Non-Farm Payrolls 209K; wages +2.5% y/y – USD rises Yohay Elam 6 years Canada gained 10.9K jobs in July, slightly better than expected. The unemployment rate dropped surprisingly to 6.3%, but this comes on top of a drop in the participation rate to 65.7%. Full-time employment is up 35.1K while part-time employment dropped by 24.3K. This is a good composition. The unemployment rate is at the lowest level in the post-crisis world. USD/CAD tops 1.26, but this is due to a favorable jobs report in the US. Canada's trade balance came out with a wide deficit of 3.6 billion, much worse than 1.3 billion originally expected. Canadian was expected to report a gain… 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.
