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Canada: Employment falls 11K in August, against forecasts

FXStreet (Łódź) - Net employment in Canada dropped by 11K in August, following the 0.2K rise registered the previous month, Statistics Canada reported today. Consensus pointed to a 10K increase.

The unemployment rate remained at 7%, in line with expectations.

GBP/USD recovers ground after NFP

Weak employment data from the US weakened Greenback across the board and pushed GBP/USD back above 1.6300.
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