Latest jobs data now out

  • 22.8k prev
  • Unemployment rate 7.2% vs 7.1% exp/prev
  • full time employment change 5.6k vs -9.6k prev revised from -6.4k
  • part time employment change -11.3k vs+32.4k prev revised up from 29.2k

USD being pulled around in rapid style on softer NFPs.

This Canadian data second tier by comparison but a disappointing show all the same albeit with an encouraging shift into full time jobs.

Unemployment rate rises to 2-year high.

USDCAD had a quick ride to 1.3805 before an equally rapid decline below 1.3750 now.