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Canada: Unemployment rate remained at 7.2% in April

FXstreet.com (Barcelona) - The Canadian jobless rate stayed unchanged at 7.2% in April, banging on estimates.

The Net Change in Employment incremented by 12.5K, a tad lower than the median at 15.0K although better than March’s -54.5K.

The Participation Rate ticked lower to 66.5% vs. 66.7% forecasted and 66.6% prior.

Canada Apr Participation rate falls to 66.5% vs 66.6% (Mar)

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Forex Flash: USD/JPY rise could portend consequences for GBP/USD – Investec

Yesterday was dominated by movements in the US dollar after a quiet week suddenly exploded into life last night at the end of a day of comments from Fed officials, twitter rumors and stronger jobs numbers. Indeed, these events sparked a rally in the Greenback, which finally pushed the USD/JPY through the 100.00 barrier for the first time since 2009. This wave of US dollar strength also resulted in the recent GBP/USD resilience crumbling as it finished in the low 1.5400s.
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