Canada: Employment rises 21.6K in November

FXstreet.com (Barcelona) - Net employment in Canada grew by 21.6K in November, following the 13.2K increase registered the previous month, Statistics Canada reported today. Consensus pointed to a 12K increase only.

The unemployment rate remained at 6.9% and the participation rate at 66.4%, both as expected.

USD/CAD soars after Canadian, US jobs data

The USD/CAD reversed intraday losses and retested 3-year highs above 1.0700 following the latest string of US and Canadian data.
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