Bank of Canada Faces Uncertainty in Rate Cut Decision Amid Fed's Path on Nostr: Canadian Dollar Falls After Disappointing Canadian Jobs Data =============== ...
Canadian Dollar Falls After Disappointing Canadian Jobs Data
===============
#1b1d36c9 ver:0.66
The Canadian Dollar (CAD) falls after disappointing jobs data, with a contraction of -1.4K MoM and an increase in the Unemployment Rate to 6.4%. Rising wage pressures and increased PMI activity surveys suggest inflation pressures, reducing the likelihood of rate cuts. Meanwhile, the US Nonfarm Payrolls beat forecasts, but revisions to previous figures reignite hopes for a September rate cut. The CAD fell against major currencies, with USD/CAD rising to 1.3650. #CanadianDollar #JobsData #USNonfarmPayrolls #Inflation #RateCut...
#newstr #CanadianDollar #UsDollar #NetChangeInEmployment #UnemploymentRate #AverageHourlyWages #UsNonfarmPayrolls #AverageHourlyEarnings #BankOfCanada #IveyPurchasingManagersIndex
https://here.news/story/1b1d36c9?ver=0.66
===============
#1b1d36c9 ver:0.66
The Canadian Dollar (CAD) falls after disappointing jobs data, with a contraction of -1.4K MoM and an increase in the Unemployment Rate to 6.4%. Rising wage pressures and increased PMI activity surveys suggest inflation pressures, reducing the likelihood of rate cuts. Meanwhile, the US Nonfarm Payrolls beat forecasts, but revisions to previous figures reignite hopes for a September rate cut. The CAD fell against major currencies, with USD/CAD rising to 1.3650. #CanadianDollar #JobsData #USNonfarmPayrolls #Inflation #RateCut...
#newstr #CanadianDollar #UsDollar #NetChangeInEmployment #UnemploymentRate #AverageHourlyWages #UsNonfarmPayrolls #AverageHourlyEarnings #BankOfCanada #IveyPurchasingManagersIndex
https://here.news/story/1b1d36c9?ver=0.66