The typical/expected impact on CAD pairs is high.
The consensus forecast for Unemployment Rate is 7.1%. 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% against a forecast of 7%.
Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bearish change | 46.1 | 45.6 | ||
Gross Domestic Product (MoM) | Bearish change | 0.2% | -0.1% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |