BREAKING: Canadian unemployment rate above expectations

We have just learned the January data from the Canadian economy. The data showed a decline in employment and the unemployment rate accelerated to 6.5%. 

 - Canadian Net Change In Employment Jan: Actual: -200.1K (Est -110.0K; Prev 78.6K)
 - Unemployment Rate Jan: Actual: 6.5% (Est 6.3%; Prev 6.0%)
 - Full Time Employment Change: Actual: -82.7K (Prev 142.8K)
 - Part Time Employment Change Jan: Actual: -117.4K (Prev -64.3K)

 - Canadian Hourly Wages Rate Perm. Employees Jan: Actual: 2.4% (Est 2.1%; Prev 2.7%)
 - Participation Rate Jan: Actual: 65.0% (Est 65.2%; Prev 65.4%)

Good data from the US and worse data from Canada strengthen the US dollar against CAD. Source: xStation 5