Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is high.
The consensus forecast for Unemployment Rate is 7.2%. A higher value than forecast tends to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Unemployment Rate was 7.1% against a forecast of 7%.
Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bullish change | 50 | 61.6 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 50.1 | 59.8 | ||
Gross Domestic Product (MoM) | Bullish change | -0.1% | 0.2% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |