BREAKING: limited reaction to massively good Canadian NFP

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.

28 August 2026, 9:46 AM

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28 August 2026, 7:19 AM

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28 August 2026, 6:53 AM

Morning Wrap: Markets freeze before Jackson Hole. Bitcoin back below 80K USD (28.08.2026)

27 August 2026, 7:10 PM

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