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Forex Trading News: CAD Employment Change and Unemployment Rate Released

Posted by Mr. Danish FX on Fri, 04/04/2008 - 6:02am in

The CAD Employment Change number comes in LOWER at 14.6k from the previous 43.3K.  This number was forecast at 15.0K.

The CAD Unemployment Rate come in HIGHER at 6.0% from the previous 5.8%.  No change was expected.

The USDCAD rose about 30 PIPS initially while the EURCAD jumped about 50 PIPS