A somewhat disappointing jobs report in Canada: the nation lost 10.7K jobs. However, this comes after a few good months. The unemployment rate is at 6.6% and the labor productivity is up 0.1%. USD/CAD is at 1.1430, on this report and also on the NFP. The high was seen at 1.1442 and the pair is off the highs. More data: the participation rate remained at 66%. Full time employment actually rose 5.7K and part time employment dropped 16.3K. This makes it look better. Canada was expected to report a more moderate jobs report this time – a gain of 5.3K jobs after a big jump of 43.1K jobs in October. The unemployment rate was predicted to tick up from 6.5% to 6.6%. Update from the US: Non-Farm Payrolls amazes with +321K – USD leaps USD/CAD traded just under 1.14 before the publication. At the same time, the US also releases its Non-Farm Payrolls report. Labor productivity was expected to slide by 0.1% after +1.8% last month. Canadian trade balance was predicted to remain positive with a surplus of 0.4 billion after +0.7 billion beforehand. The actual number is +0.1 billion. More: CAD Post-BoC: It’s Not Just An Oil Story – Credit Agricole 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 amazes with +321K – USD leaps Yohay Elam 7 years A somewhat disappointing jobs report in Canada: the nation lost 10.7K jobs. However, this comes after a few good months. The unemployment rate is at 6.6% and the labor productivity is up 0.1%. USD/CAD is at 1.1430, on this report and also on the NFP. The high was seen at 1.1442 and the pair is off the highs. More data: the participation rate remained at 66%. Full time employment actually rose 5.7K and part time employment dropped 16.3K. This makes it look better. Canada was expected to report a more moderate jobs report this time - a gain of 5.3K… Top 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.
