Good news from Canada: only 6.4K people left the workforce, better than expected. The unemployment rate dropped to 6.8%, but that’s thanks to a slide in the participation rate from 65.9% to 65.8%.
USD/CAD is falling from the 1.27 level all the way to 1.2665. Support awaits at 1.2660. In general, the pair is erasing the big gains it enjoyed earlier in the week.
Read the rest of the article Canadian employment falls only 6.4K, unemployment rate 6.8% – USD/CAD down