Canada loses 41,700 jobs in August, far missing 15,000 gain forecast
Canada's economy lost 41,700 jobs in August, far below the 15,000 gain expected, while the unemployment rate held at 6.4%.
04/09/2026 12:416 min read
Canada's economy lost 41,700 jobs in August, far below the 15,000 gain expected, while the unemployment rate held at 6.4%.
USDCAD traders watch BOC decision; technical levels at 1.3882 support and 1.39179 resistance guide the bias.
USDCAD rose to test the 100-day moving average at 1.39140, driven by a stronger USD and higher US yields after hawkish comments from Fed Chair Warsh.