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USD/CAD: Trading the Canadian Employment Change
Canadian Employment Change is one of the most important economic indicators. Traders and analysts carefully scrutinize employment figures, and a reading higher than forecast is bullish for the loonie. Here are the details and 5 possible outcomes for USD/CAD. Published on Friday at 13:30 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. The release of the employment change indicator simultaneously with the unemployment rate is highly anticipated and is often a market-mover. Employment Change has been struggling, posting three declines in the past four ... (full story)