Loonie Remains Firm Against USD, Amidst Contrasting Performance on Jobs in December

Posted January 8th, 2018 by AlishaASLp and filed in General News

The loonie is in consolidation on Monday, after rallying the over 3-month high against US dollar last Friday. Strong Canadian job data overshadowed the weaker than expected US nonfarm payrolls. This also sent Canadian dollar over +1% higher than the greenback. The number of employment in Canada increased +78.6K in December, compared with consensus of zero, following a +79.5K addition in the prior month.

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Loonie Remains Firm Against USD, Amidst Contrasting Performance on Jobs in December

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