USDCAD tumbles after back to back 79K job gains - ConsultFX

USDCAD tumbles after back to back 79K job gains

Change in employment of 78.6K and 79.5K in back to back months helps to send the loonie higher (USDCAD lower). Forget about the US jobs for a moment, the Canada employment report rocked. Back to back increases of 79K have sent the USDCAD tumbling lower. The price moved from about 1.2512 to a low of 1.2366. Copyright 2015 Forexlive.com