Jobs double-whammy for USD/CAD as it rises to 1.3175 - ConsultFX

Jobs double-whammy for USD/CAD as it rises to 1.3175

Soft Canadian jobs combine with strong US wage growth USD/CAD jumped to 1.3175 from 1.3115 after simultaneous jobs report from the United States and Canada. The US report was mixed with a slight beat on the headline but poor revisions. The participation rate slipped but the market focused on strong wage growth as average hourly earnings rose