09 August 2024 Canadian Dollar Weighs on GBP/CAD as Labour Market Shows Resilience

The Canadian Dollar edged higher against the US Dollar and Pound on Friday after Statistics Canada data cast the local labour market in a resilient light for July, easing market concerns about the …

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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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05 May 2023 Pound to Canadian Dollar Rate Hobbled by 'Strong' Canadian Labour Data

The Pound to Canadian Dollar exchange rate was hobbled ahead of the weekend after Statistics Canada announced further strong gains in the number of jobs created by the local economy in April but th…

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01 May 2023 Pound to Canadian Dollar Week Ahead: Consolidating Breakout 

The Pound to Canadian Dollar exchange rate has fully reversed its 2022 losses with a breakout above important technical resistance on the charts but with momentum now dissipating it could…

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04 November 2022 Canadian Dollar Rally Fades Quickly after Economy Claws Back Lost Jobs

The Canadian Dollar rallied against a retreating U.S. Dollar and an underperforming Pound after Statistics Canada data suggested the local economy clawed back in October all of the jobs lost during…

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05 August 2022 Canadian Dollar Prevails in GBP/CAD as Loonie Shrugs Off Job Losses 

The Canadian Dollar shrugged off a second consecutive month of job losses on Friday when showing resilience in the face of a rising U.S. Dollar and pushing GBP/CAD lower ahead of the weekend.

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09 June 2022 Canadian Dollar Charts Illustrate Bearish GBP/CAD Outlook as Key Job Data Loom

The Canadian Dollar kept Pound Sterling pinned down near to a 10-year low in the penultimate session of the week, illustrating along the way what some analysts say is an increasingly bearish pictur…

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12 March 2021 Pound-Canadian Dollar Rate Hangs by a Thread after Loonie's Jobs Blowout 

The Pound-to-Canadian Dollar rate tumbled on Friday and remained under pressure after Statistics Canada hit a February job marktet ball right out of the park, prompting a bid for the Loonie that ex…

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07 August 2020 Canadian Job Market Win Keeps Pound-Canadian Dollar Rate On Back Foot into Weekend

The Pound-to-Canadian Dollar rate was left flailing on Friday as the Loonie celebrated a better-than-expected July jobs report with gains over other major currencies, while all remained on the back…

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08 February 2019 The Canadian Dollar Spikes after Jobs Growth Surges, but Analysts say Sell

The Canadian Dollar strengthened Friday after official data caught the market off-guard with a strong increase in job creation during January, although analysts are sceptical of whether the gains w…

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07 December 2018 The Canadian Dollar Surges after November Jobs Data Rescues Loonie from Bombed-out BoC Outlook

The Canadian Dollar strengthened rapidly Friday after November's labour market report showed the economy creating jobs at a rapid clip, enough to push the unemployment rate to a record low. 

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02 November 2018 Canadian Dollar Falters after Labour Market Abstains from Supporting BoC's Faster Pace of Tightening

The Canadian Dollar handed back earlier gains and slipped lower midway through the final session of the week after the latest official data showed the labour market cooling its heels in October, wh…

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05 October 2018 Canadian Dollar Retreats as "Softer Details" Emerge from Behind Show-stopping September Jobs Number

The Canadian Dollar ceded ground to rivals Friday as markets overlooked a stronger-than-expected jobs number to focus on details in the latest official data that suggest the labour market…

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07 September 2018 Canadian Dollar Hands Back Gains after Jobs Report Disappoints Market, NAFTA Talks Roll On

The Canadian Dollar handed back earlier gains Friday after official data showed the nation's labour market wobbling in August, countering optimism that prevailed after a Bank of Canada (B…

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