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Canada loses 0.7K jobs – USD/CAD up (also on NFP)

Canadian Dollars

A mixed jobs report from Canada: the nation lost 0.7K jobs instead of gaining ones. However, the unemployment rate dropped to 6.8%. The participation rate slides to 65.5%, and that explains the drop in the unemployment rate. All in all, a slightly disappointing publication from Ottawa.  USD/CAD is at 1.3030, up, but that’s mostly because of the great [...]

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