Friday, February 09, 2007

CAD : EMPLOYMENT CHANGE BETTER THAN EXPECTED

Canadas labour market data comes in mixed bag, Employment Change number came better than expected at 89k vs 25k expected and Unemployment Rate came below the expectation at 6.2% vs 6.1% expected. The CAD strengthened after the far better than expected number of Employment Change, from 1.1845 to 1.1745

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