1:34 PM · 4 August 2023

BREAKING: Weaker data from Canada! CAD under pressure

USD/CAD

Forex

Canadian Unempoyment rate: 5,5% vs 5,5% exp. and 5,4% previously

Canadian Empoyment change: -6,4 kv vs 25k expected and 59,9k previously

US macro data came in stronger than from Canada. USDCAD gains after the readings.

Source: xStation5

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