1:34 PM · 9 July 2021

BREAKING: Canada’s employment above estimates, CAD gains

The labour market report from Canada for June has just been released. Following 2 months of worse-than-expected figures and employment declines, markets anticipated that June would be a much better month in terms of Canadian labour market recovery. In fact, the data seems optimistic this time as the headline employment number topped the consensus estimate.

  • Employment change: 230.7k (vs exp. 170k)

  • Unemployment rate: 7.8% (vs exp. 7.8%)

  • Participation rate: 65.2% (previously: 64.6%)

USDCAD fell below important support zone near 1.25150 ahead of employment report release, suggesting that traders were optimistic about the data. Shortly after the publication the CAD is strengthening even more against the USD, falling below the 38.2% Fibonacci retracement of the recent upward impulse. Source: xStation5

10 July 2026, 5:03 PM

Fed presents its semi-annual report. Stocks are expensive but no bubble?

10 July 2026, 7:57 AM

Economic Calendar: SK Hynix and the Canadian job market are the highlights of the day 💡

9 July 2026, 6:43 AM

Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)

8 July 2026, 7:20 PM

FOMC Minutes: Hawkish tone confirmed. EURUSD rebounds nonetheless

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits