Highlights of the Canadian jobs report:
- Net change in employment -19.7 vs -5K expected
- Prior was +28.7K
- Unemployment rate 6.8% vs 6.9% expected
- Participation rate 65.8% vs 65.9% exp
- Full time employment 46.9K vs -28.2K prior
The six-month moving avg in Canadian employment is at the lowest since Feb 2012
Before the report, Greg had a great look at the USD/CAD technicals.
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