Saturday, December 8, 2012

Canada: Excellent Report: Gains 59.3K jobs, Unemployment Rate 7.2%

Canada gained 59.3K jobs in November. Early expectations stood on a gain of 11.3K. The unemployment rate now stands at 7.2%, much better than 7.4% that was expected. USD/CAD traded at around 0.9920 before the release and is not tumbling down to 0.9885. US Non-Farm Payrolls surprised to the upside - This adds fuel to the fire.
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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