Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Unemployment Rate yet - check back for updates.
The most recent announced value for Unemployment Rate was 6.1% against a forecast of 5.9%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bullish change | -0.3% | -0.1% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.4% | -0.3% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | 0.1% | 0.5% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.1% | 2% | ||
Consumer Price Index (MoM) | Bullish change | 0.3% | 0.6% | ||
Consumer Price Index (YoY) | Bullish change | 2.8% | 2.9% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |