The Canadian dollar, New Zealand dollar, and Australian dollar were the strongest majors of the day as risk appetite surged and pushed carry trades higher. Meanwhile, the Canadian dollar also had some strong fundamental forces backing it up, as the net employment change for the nation surprisingly rose by 27,100 during August, beating forecasts for a decline of 44,500. While this did not prevent the unemployment rate from rising to 8.7 percent from 8.6 percent, the markets showed a clear preference for the net change. As one of the timeliest indicators of the health of the Canadian economy, the data suggests the Bank of Canada’s upcoming policy meeting could yield an optimistic statement next Thursday.