Tag: jobs

Canadian dollar
December 01, 2023 BY Simon Mugo

USDCAD Falls As Canadian Dollar Rallies on Upbeat Jobs Data

The USDCAD currency pair was trading down over 76 pips as the Canadian dollar rallied higher against its US counterpart, driving the entire pair lower. The Canadian dollar, also known as the loonie, rallied higher, bolstered by the release of the latest labour market data from the country. According to the latest labour market data…

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Will the US Job figures Shock the Markets?
May 06, 2020 BY Steffy Bogdanova

Will the US Job figures shock the markets?

Based on all announced figures until the moment, it is undoubtedly predicting that the losses of the American labour market in April will be deeper than what was recorded in the 2008 crisis, and we can estimate those losses by about 26 million jobs, which raises the unemployment rate to 20%, while opinion polls show…

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