Forex Trading News: CAD Employment Data Released
Posted by Mr. Danish FX on Fri, 05/09/2008 - 6:15am in
The Employment Change number comes out higher than expected at 19.2K from the previous 14.6K. 10.0K was forecast.
The Unemployment Rate comes out a drop higher as well at 6.1K from the previous 6.0%. No change was expected.
With the unexpected job growth, the CAD was able to firm up initially vs. the USD after this data.
Reply
Economic Calendar
