14:30 - Canada Employment Data (November):
- Employment Change: 53,6k (Expected: -1.5k, Previous: 66.6k)
- Unemployment Rate: 6,5% (Expected 7%, Previous: 6.9%)
- Participation Rate: 65,1% (Previous: 65.3%)
- Avg. Hourly Wage Change: 4% (Previous: 4%)
Labor market in Canada shows signs of noticeable improvement, with unemployment falling by 0,4% compared to expected growth by 0,1%.
Bank of Canada will find many fewer reasons to urgently cut interest rates in such an environment, USD sharply declines to CAD, as expected spreads between implied target interest rates lessen.
USDCAD (M1)
Source: xStation5
DE40: Adequate data, Mild growth
BREAKING: Euro-zone GDP slightly above expectations!📈 EURUSD remains stable
Chart of the day: CHN.cash (05.12.2025)
BREAKING: Germany industrial orders for October higher than expected; EURUSD gains 📌