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Canada: Unemployment rate (Sep) fell to 6.8%

FXStreet (Edinburgh) -The Canadian jobless rate has ticked lower during September, falling to 6.8% from 7% previous and forecasted. The Net Change in Employment jumped to 74.1K from August’s drop of 11K. The Participation Rate stayed put at 66%.

Canada Participation rate meets expectations (66%) in September

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USD/CAD dips to 1.1160

The Canadian dollar sharply appreciated in in the wake of the labour market figures, pushing USD/CAD more than 50 pips to the 1.1160 region....
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