Read more
12:35 PM · 6 May 2022

BREAKING: USD sees little reaction to upbeat NFP data

USD/CAD
Forex
-
-

 

  • The US economy added 428k jobs in April, compared to the 431k increase in March and above market expectations of 385k. 
  • The jobless rate remained unchanged at  3.6% and above market estimates of 3.5%. 
  • Closely watched wage growth fell to 5.5% YoY, from 5.6% increase in March and in line with market expectations. 

Still, economists believe the labour market could soon start to slowdown as the economy gets close to full employment, which would provide some relief to hot wage growth at a time inflation is running at levels not seen since 1981.

Simultaneously to the release of US data, the Canadian labour report for April was released. However USDCAD pair barely reacted to the release to today's data releases. Source: xStation5

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 3:01 PM

BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher

5 December 2025, 1:32 PM

BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉

5 December 2025, 11:42 AM

DE40: Adequate data, Mild growth

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits