NFP +104k, consensus was +8k (previous +10.1k)
Unemployment Rate 5%, consensus 5.2%, previous 5.1%
Full time employment +84.5k after 50.7k in November
A very strong report from Canada meets only a limited reaction on USDCAD. The pair reverses lower from the sub-1.37 resistance zone but doesn’t make a move that looks like it could conclude a 1-month long consolidation. Meanwhile the data, especially a second month of strong full time employment gains could push Bank of Canada onto the path of more tightening.

Economic Calendar: Earnings, US Retail Sales and Fed to Fight for Investors' Attention (16.07.2026)
BREAKING: GBPUSD up 0.1% after better-than-expected UK GDP data 🇬🇧 📈
Morning Wrap: Asia dips on US semiconductor sell-off. All eyes on TSMC (16.07.2026)
Daily Summary: Wall Street Gains, Dow Jones Near All-Time Highs After Softer PPI Data