Daily digest market movers: Canadian Dollar lacks momentum amid tepid releases

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  • The Canadian Dollar churned around the day’s opening bids before shedding around one-sixth of one percent late on Tuesday.
  • US JOLTS Job Openings rose more than expected, bolstering the healthy outlook of the US labor market.
  • Investors will be pivoting to key labor data throughout the week, including ADP Employment Change figures slated for Wednesday.
  • The latest US NFP data dump is due on Friday.
  • US NFP job additions will swamp out market impact from Canadian Net Change in Employment figures for November, also due on Friday.

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