After last Friday, when strong data on the Canadian labor market came out, the Canadian dollar strengthened quite sharply. According to the statistics, in November about 80,000 new jobs were created in Canada and the unemployment rate fell to an almost record low of 5.9%. More importantly, in recent months, the growth of wages has accelerated. In November, salaries increased by 2.8% compared to the same period of the previous year. The fall of the USD/CAD on Friday was more than 200 points. The USD/CAD decline continued on Monday, despite the strengthening of the US dollar against other major currencies after it ... (full story)