USDCAD Falls As Canadian Dollar Rallies on Upbeat Jobs Data LeapRate

USDCAD Falls As Canadian Dollar Rallies on Upbeat Jobs Data

The USDCAD currency pair was trading down over 76 pips as the Canadian dollar rallied higher against its US counterpart, driving the entire pair lower. The Canadian dollar, also known as the loonie, rallied higher, bolstered by the release of the latest labour market data from the country. According to the latest labour market data…

August 05, 2016 BY Valentina Kirilova

U.S. generates 255,000 new jobs in July, unemployment rate remains unchanged

The U.S. has gained 255,000 new jobs in July, which by all means is a proof that companies are still hiring plenty of workers despite the lower speed of the economy. The much stronger than expected increase in new jobs has slightly accelerated the odds that the Fed might raise interest rates as early as September. The central bank held off after…

Tag: unemployment rate

USDCAD Falls As Canadian Dollar Rallies on Upbeat Jobs Data

U.S. generates 255,000 new jobs in July, unemployment rate remains unchanged

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