The typical/expected impact on CAD pairs is high.
The consensus forecast for Unemployment Rate is 6.2%. A higher value than forecast tends to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Unemployment Rate was 6.1% against a forecast of 5.9%.
Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bullish change | 63 | 65.7 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 57.5 | 63 | ||
S&P Global Manufacturing PMI | Bearish change | 49.8 | 49.4 | ||
Gross Domestic Product (MoM) | Bearish change | 0.5% | 0.2% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |