- The Unemployment Rate in Canada rose to 6.7% in March as expected.
- USD/CAD clings to strong daily gains near 1.4200 after the data.
The Unemployment Rate in Canada edged higher to 6.7% in March from 6.6% in February, Statistics Canada reported on Friday. This reading came in line with the market expectation.
In this period, the Net Change in Employment was -32.6K, down sharply from the 1.1K increase recorded in February. Other details of the report showed that the Participation Rate ticked down to 65.2% from 65.3%, while the Average Hourly Wages rose by 3.5% on a yearly basis, compared to February's 4% increase.
Market reaction
USD/CAD preserves its bullish momentum and trades near 1.4200, where it was up more than 0.7% on the day.
Canadian Dollar PRICE Today
The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the weakest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.29% | 0.73% | -0.25% | 0.74% | 3.25% | 2.54% | -0.72% | |
| EUR | -0.29% | 0.49% | -0.47% | 0.50% | 2.97% | 2.28% | -0.96% | |
| GBP | -0.73% | -0.49% | -0.93% | 0.00% | 2.47% | 1.79% | -1.45% | |
| JPY | 0.25% | 0.47% | 0.93% | 0.96% | 3.46% | 2.69% | -0.50% | |
| CAD | -0.74% | -0.50% | -0.01% | -0.96% | 2.44% | 1.74% | -1.45% | |
| AUD | -3.25% | -2.97% | -2.47% | -3.46% | -2.44% | -0.67% | -3.83% | |
| NZD | -2.54% | -2.28% | -1.79% | -2.69% | -1.74% | 0.67% | -3.18% | |
| CHF | 0.72% | 0.96% | 1.45% | 0.50% | 1.45% | 3.83% | 3.18% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote).
作者：Eren Sengezer，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: followme.asia
加载失败()