Canadian labour report for 05.01.2017

  • Unemployment rate 5.7% vs 6.0% exp, prior 5.9%
  • Prior employment change was a whopping 79.5K
  • Full time employment change 23.7K vs 29.6K prior
  • Part time employment change 54.9K vs 49.9K prior
  • Participation rate 65.8% vs 65.7% prior

Another mindblowing number, USDCAD collapses to 1.2410.
1.2387 is the next support, if that gives way there’s not a lot to prevent it from  having a look at 1.2262 imo

USDCAD D1 05.01.2017

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