Published on FXDD (http://forex.fxdd.com)
Forex Trading News: CAD Employment Data Released
By Mr. Danish FX
Created May 9 2008 - 7:15am

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. 


Source URL: http://forex.fxdd.com/trading-news/3975/forex-trading-news%3A-cad-employment-data-released