Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Net Change in Employment yet - check back for updates.
(A summary of the historic trading range after each event is not available for Net Change in Employment. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent Net Change in Employment.
The most recent announced value for Net Change in Employment was 24.9K against a forecast of 15K.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Net Change in Employment result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Interest Rate Decision | (no change) | 5% | 5% | ||
Ivey Purchasing Managers Index | Bullish change | 51.9 | 53.2 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 53.4 | 54.7 | ||
S&P Global Manufacturing PMI | Bearish change | 48.6 | 47.7 | ||
Average Hourly Wages (YoY) | (no change) | 5% | 5% | ||
Unemployment Rate | Bearish change | 5.7% | 5.8% | ||
Gross Domestic Product (MoM) | Bullish change | 0% | 0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.3% | -0.3% | ||
Gross Domestic Product Annualized | Bearish change | 1.4% | -1.1% | ||
Current Account | Bullish change | -7.32B | -3.22B |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |
The value of Net Change in Employment has been announced.
Forecast | Actual |