09 June 2023 Canadian Dollar Hampered as Job Market Struggles to Absorb Workers 

  The Canadian Dollar fell widely ahead of the weekend after Statistics Canada disclosed the first outright fall in local employment levels since the last 'lockdown' and what might be a sign of…

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06 April 2023 Canadian Dollar Supported by Strong Jobs Report

The Pound to Canadian Dollar exchange rate slipped further from the week's highs ahead of a long Easter weekend after a robust employment report helped the Loonie to better resist a rebounding U.S.…

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21 February 2023 Canadian Dollar's Inflation Data Losses Aid GBP/CAD Recovery Trend

The Pound to Canadian Dollar exchange rate neared February highs after January inflation rates surprised on the downside of market expectations, easing pressure on the Bank of Canada (BoC) while fu…

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10 February 2023 Canadian Dollar Advances on Canadian Jobs Blowout 

The Canadian Dollar clobbered and clubbed all counterparts ahead of the weekend after Statistics Canada announced a significant increase in the labour force for January that was on par with the non…

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07 October 2022 Canadian Dollar Boosted by Stronger than Expected Labour Market Data, But Outlook is Decidedly Murky

CAD was higher after the Canadian economy snapped a string of negative employment reports in September after it added 21.1K jobs over the month.

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06 May 2022 Canadian Dollar: Employment Disappointment

The data nevertheless confirms Canada's jobs market is incredibly tight and will offer further incentive for the Bank of Canada to continue raising interest rates.

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29 April 2022 Canadian Dollar: Bumper GDP Read Signals Another Bumper Bank of Canada Hike

The Bank of Canada will have scope to raise interest rates by another 50 basis points to 1.0% at their next policy meeting following the release of stronger than expected growth data, which should …

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11 March 2022 Canadian Dollar Leaves GBP/CAD Vulnerable after Jobs Blowout

GBP/CAD testing late 2021’s lows, as CAD rallies with labour market.

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04 February 2022 Canadian Dollar Softens after January Jobs Upset

The Canadian Dollar softened in the final session of the week after Statistics Canada figures showed the labour market handing back two months of hard won gains in January.

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07 January 2022 Canadian Dollar’s Jobs Rally Could Push GBP/CAD to 1.68, says TD Securities

CAD sweeps higher as jobs renaissance continues and job gains leave economy close to full employment.

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08 October 2021 Canadian Dollar Pushes GBP/CAD Lower after September Jobs Surprise

GBP/CAD & USD/CAD at three-month lows after September job reports surprise in U.S. & CA.

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04 June 2021 Soft Jobs Report Knocks Canadian Dollar

The Canadian Dollar fell against the majority of its peers after employment figures disappointed against investor expectations.

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07 May 2021 Pound-Canadian Dollar Rate Catches a Breather on Canadian Jobs Disappointment

Two sets of disappointing jobs data out of North America ahead of the weekend have conspired to push the two U.S. Dollar and Canadian Dollar lower, allowing for the Pound to catch a break and recov…

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05 February 2021 Canadian Dollar Drops against Pound after Unemployment in Canada Jumps

The Canadian Dollar fell against the Pound, Euro and other currencies following the release of disappointing economic data that showed the country shed 212.8K jobs in January.

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05 April 2019 Canadian Dollar Loses on Jobs Report, More Disappointment to Come

The Canadian Dollar on the backfoot as another domestic data disappointment points to further potential weakness in the currency.

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