Canada Employment Edges Higher

Posted by Drew Zimmerman

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In Canada employment continued on a slight upward trend for the third consecutive month, edging up 22,000 in November. The unemployment rate held steady at 6.9% for the third month in a row.

Canadian Dollar Futures traded down 0.50 just after the news release but has since come back to unchanged at 93.83.

 

Drew Zimmerman

Investment & Commodities/Futures Advisor

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dzimmerman@pifinancial.com