Canadian net change in employment for November has come in at +79,000, much better than the median forecast of +15,000.

The unemployment rate has fallen 0.1% to 8.5%. Median forecasts had called for an unchanged 8.6%.

USD/CAD has sold off on the news, presently down at a session low 1.0485 from around 1.0525/30 just before the release.