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USD/CAD: Trading the Canadian Employment Change

From forexcrunch.com

Canadian employment change is one of the most important Canadian indicators, which often has a significant impact on the markets. 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 12:30 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 should be treated as a market-mover. After a very ... (full story)

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