BREAKING: Strong labor data from Canada

Unemployment data for April published Statistics Canada:

Unemployment Rate: Actual 5.0%, Expected: 5.1%, Previously: 5.0%
Employment Change: Actual 41.4k, Expected: 21.5k, Previously: 34.7k

The Canadian dollar experienced a slight appreciation following the release of new labor data in Canada, but the difference was not significant. However, it's important to note that data for the US labor market (NFP) was also published around the same time, so we can expect increased volatility in the markets.

USDCAD is down 0.4% and trading at 1.3484 level.

23 March 2026, 12:07 PM

Trump drops Iran ultimatum 🚨 TACO turns the markets around 📈

20 March 2026, 6:55 PM

Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)

20 March 2026, 5:29 PM

Three markets to watch next week (20.03.2026)

20 March 2026, 8:57 AM

Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation

Forex

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