Highly anticipated NFP report was released at 1:30 pm BST and showed the US economy added 315k jobs in August, compared to a 526k increase in July and above market expectations of 300k and points to the broad-based hiring across many sectors.
The jobless rate rose to 3.7% from 3.5% last month and above market estimates of 3.5%.
Closely watched remained unchanged at 5.2% YoY, below market expectations of a 5.3% YoY.
EURUSD pair broke above parity level following NFP release. Source: xStation5
BREAKING: USDCAD rebounds after lower than expected CPI 🇨🇦 📈
Economic calendar: Canadian CPI and US industrial production (16.03.2026)
BREAKING: Mixed JOLTS & University of Michigan data❓
BREAKING: Canada Labor market keeps deteriorating 📉