The jobs numbers from Canada are typically overshadowed by the NFP data for the US that comes out at the same time. But, given the context of what’s been happening in Canada lately, the employment figures could shake up expectations for the BOC. The loonie has been getting weaker lately as more and more traders consider that the BOC’s hike last time will be a one-off. The surprise hike by the BOC last month after inflation rose gave the Canadian dollar some support. But, since then, economic data has painted a different picture. The softer crude prices despite announcements of cuts from Saudi Arabia and slower ... (full story)