Canada sees a healthy rise in jobs: 32.3K in March, above 20K expected. The unemployment rate remains at 5.8% as predicted with no change in the participation rate, at 65.%. There is some good news in the composition of the positions: 35.9K part-time jobs were lost while no less than 68.3K were gained. Such big moves from full-time to part-time are not rare in Canada. USD/CAD is trading around 1.2750 after the publication. It is important to remember that the US published its labor report at the same time and the result is disappointing over there: only 32.3K positions were gained. Canadian jobs background Canada was projected to report a gain of around 20K jobs in March, slightly better than 15.4K reported in February. Canada previously had a terrible loss of 88K positions in January after the nation enjoyed gains of around 79K in both November and December. The unemployment rate was forecast to remain unchanged at 5.8%. USD/CAD traded around 1.2785 ahead of the publication with the Canadian dollar holding onto its Trudeau related gains. It now seems that the US, Canada, and Mexico will sign a new NAFTA deal relatively shortly. 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 only 103K, wages +0.3% – USD slides Yohay Elam 4 years Canada sees a healthy rise in jobs: 32.3K in March, above 20K expected. The unemployment rate remains at 5.8% as predicted with no change in the participation rate, at 65.%. There is some good news in the composition of the positions: 35.9K part-time jobs were lost while no less than 68.3K were gained. Such big moves from full-time to part-time are not rare in Canada. USD/CAD is trading around 1.2750 after the publication. It is important to remember that the US published its labor report at the same time and the result is disappointing over there: only 32.3K positions were… 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.
