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USD/CAD: Trading the Canadian Employment Change
Canadian Employment Change is an important leading indicator which can have a significant impact on the movement of USD/CAD. A reading which is higher than forecast is bullish for the Canadian dollar. 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 is often a market-mover. Employment Change has shown strong fluctuations, making accurate forecasts a ... (full story)