Canada jobs report

Statistics Canada will be releasing the monthly jobs report this Friday. According to economists polled, Canada’s unemployment rate is forecast to rise to 5.6%. This marks a modest increase from the 5.4% registered in May. The economy is…

The monthly labor market report from Canada will be coming out later today. Data from Statistics Canada is forecast to show that the economy added 44.1k jobs in April. The unemployment rate, meanwhile, is forecast to remain steady at…

Daily Forex Market Preview, 08/06/2018 The U.S. dollar continued to trade mixed while the euro currency maintained its strong position. Sentiment in the euro remained firm following the ECB's Chief economists comments about a possible…

The Canadian dollar strengthened for fourth consecutive week against the US dollar, rising over 2% by Friday's close. USDCAD fell to a two-year low on Friday as price tested lows of 1.2061. Further gains can be expected from the USDCAD as…