Labour market reports from the US and Canada were released at 1:30 pm GMT. US report missed the 160k estimate as it came in at 145k. US wage growth slowed from 3.1% YoY to 2.9% YoY (expected 3.1% YoY). When it comes to the Canadian data, employment rose 35.2k in November (expected 25k), led by strong creation of full-time jobs. As a result, USDCAD took a major dive and broke to a fresh daily low.
NFP report turned out to be disappointing as it came in below market expectations and below historical averages for December. Source: Macrobond, XTB Research
USDCAD took a major dive following jobs data release. The pair pulled back and tested the lower limit of the short-term upward channel. Source: xStation5
Daily Summary: End of an Extremely Intense Week (19.06.2026)
Three markets to watch next week: EURUSD, OIL, NASDAQ (19.06.2026)
Market wrap: Limited volatility and a strong dollar
Chart of the day: GBPCHF snaps back on retail sales recovery 🇬🇧 📈 (19.06.2026)