2:45 PM · 6 January 2023

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.

6 August 2026, 7:51 AM

Economic Calendar: Could Smaller Job Reports Pressure Fed to Hike?

6 August 2026, 7:09 AM

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5 August 2026, 3:02 PM

Breaking: US services remain strong, inflation pressures rise

5 August 2026, 1:42 PM

GOLD eyes 4200 USD 🟡

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