Canada July Employment change 54.1K vs 17K expected

Canada July 2018 employment report on 10.08.2018

• prior 31.8K
• Unemployment rate 5.8% vs 5.9% exp, prior 6.0%
• Full time employment change -28K vs 9.1K prior
• Part time employment change 82K vs 22.7K prior
• Participation rate 65.4% vs 65.4% exp, prior 65.5%

Better headline but the seasonal rotation between full- and part time jobs put a damper on it.

USDCAD saw an initial drop to 1.3050 on the headline but has recovered to 1.3085 by now

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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