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Canadian dollar jumps nearly half a cent after surprisingly strong jobs data

Economic DataCurrency & FX

The Canadian dollar strengthened versus the U.S. dollar on Friday after Canada’s domestic jobs data came in stronger than expected while U.S. labor data missed forecasts, shifting relative rate and growth expectations.

Analysis

The Canadian dollar strengthened versus the U.S. dollar on Friday after Canada’s domestic jobs data came in stronger than expected while U.S. labor data missed forecasts, shifting relative rate and growth expectations.

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