The Exchange until almost two weeks after the settlement in Canada and the United States USD/CAD

The Exchange until almost two weeks after the settlement in Canada and the United States USD/CAD

Dollar rose to a high for nearly two weeks against the Canadian dollar Friday as upbeat employment report in the United States to stimulate demand for the Canadian dollar and disappointing employment data in the local currency.

USD/CAD operation up the United States at 1.3079 on 28 June; then both sides 1.3025, 0.17% in addition to the consolidation.

The two sides are low support to 1.2877 1.3120, 27 high resistance Thursday in June

He business work 2.870 .006 months, said the Ministry of labor, than the 175,000 expected. jobs through estimated earnings rising 38,000 reviewed 11,000 yuan creates numbers.

The Exchange until almost two weeks after the settlement in Canada and the United States USD/CAD
The report also shows that last year, the unemployment rate of 4.7% compared to the growing expectations of 4.9% 4.8% Tin tick.

Meanwhile, the average hourly wage for the disappointing 0.1% expected an increase of 0.2% and 5% rose to 0.2% last month.

The day before, the data show that for the year ended July 2, you expect the unemployment insurance agency private farming increased by more than expected, this week to implement the reduction in the number, but not ADP payroll jobs last month.

In Canada fell in Canada, official data shows employment in June, 700 13800 confused as expected last month after a rise in 5000.

The unemployment rate in Canada 7% 5 6.8 6.9 percent last month the highest expectations.

Canadian dollar fell against the euro, EUR/CAD rose to 1.4417 0.23%.