Latest jobs data now out
- 22.8k prev
- Unemployment rate 7.2% vs 7.1% exp/prev
- full time employment change 5.6k vs -9.6k prev revised from -6.4k
- part time employment change -11.3k vs+32.4k prev revised up from 29.2k
USD being pulled around in rapid style on softer NFPs.
This Canadian data second tier by comparison but a disappointing show all the same albeit with an encouraging shift into full time jobs.
Unemployment rate rises to 2-year high.
USDCAD had a quick ride to 1.3805 before an equally rapid decline below 1.3750 now.