Read more
3:03 PM · 8 March 2023

BREAKING: USDCAD jumps after BoC rate decision and JOLTS data

USD/CAD
Forex
-
-

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 4.50 %, as widely expected and stated that it will continue to hold the rate steady at this level should economic conditions develop broadly in line with the latest Monetary Policy Report. No post-meeting press conference will be held. 

Simultaneously JOLTS data was released. The number of job openings in the United States decreased to 10.824 million in January from 11.01 million in the previous month and above market expectations of 10.5 million. Over the month, the largest decreases in job openings were in construction (-240,000), accommodation and food services (-204,000), and finance and insurance (-100,000). The number of job openings increased in transportation, warehousing, and utilities (+94,000) and in nondurable goods manufacturing (+50,000). Meanwhile, the number of hires and total separations changed little at 6.4 million and 5.9 million, respectively. Within separations, quits (3.9 million) decreased, while layoffs and discharges (1.7 million) increased.

USDCAD returned to major resistance at 1.3770 level. Source: xStation5

25 November 2025, 7:07 PM

Daily summary: U.S. indices rise as the dollar softens ahead of the Thanksgiving holiday 🗽

25 November 2025, 5:58 PM

EURUSD gains 0.4% rebounding from important support zone 📈

25 November 2025, 3:06 PM

BREAKING: US Consumer Confidence and Richmond Fed much weaker than expected 📌

25 November 2025, 7:16 AM

Economic Calendar: Markets Focus on US PPI and Retail Sales (25.11.2025)

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