Canada was expected to report a gain of 10K jobs in April after 19.4K in March. The unemployment rate was expected to remain unchanged at 6.7%. The previous participation rate was 65.9%. USD/CAD traded under the resistance line of 1.38. The pair was rejected this high level as oil prices stabilized. However, the bigger picture [...]
The post Canada gains only 3.2K jobs but unemployment falls to 6.5% appeared first on Forex Crunch.
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