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