As expected, the Canadian unemployment rate printed unchanged. However, the jobs added in June read more than double what analysts predicted, causing the Canadian dollar to rally back to its June 29th multi-decade high. Strong economic data continues to fuel the hawkish position of Bank of Canada. There are no economic indicators scheduled for Canada over the next 24 hours.
[B]Previous 24 Hours:[/B]
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[li][B]Net Change in Employment /B[/ul] Actual: 34.8K[/li] Previous: 9.3K
[ul]
[li][B]Unemployment Rate /B[/ul] Actual: 6.1%[/li] Previous: 6.1%
[B]
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[B]Next 24 Hours:[/B]
There are no economic indicators scheduled for Canada over the next 24 hours.
Expected[I] See Daily FX Weekly Calendar for more details:[/I]
[I]http://www.dailyfx.com/story/calendar/weekly_focus/DailyFX_Weekly_Calendar_for_Week_1182174476937.html[/I]