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USDCAD Surges as Surprise Canadian Job Losses Diverge From Strong US Payrolls

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Canada unexpectedly lost 42,000 jobs in August against expectations of a 15,000 gain, sending USDCAD higher to 1.3834.
  • Meanwhile, stronger US jobs growth and Middle East supply concerns supported crude oil prices, with WTI and Brent posting modest gains.
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Stored market data

USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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