Canadian Dollar falls despite solid jobs data as US NFP beat forecasts

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Sep 23, 2024US Dollar Forecast: EUR/USD Falls as Weak Eurozone Data Fuels ECB Rate Cut Bets | FXEmpire-0.2%
• Oct 6, 2022Analysts cut Canadian dollar forecasts as recession risk looms+0.7%
• Sep 29, 2022USDCAD Price: Canadian Dollar Drops Despite Positive GDP Data-1.0%
• Nov 14, 2016Canadian dollar falls as investors buy into U.S. under Trump | CBC News+1.4%
• Jun 26, 2024Canadian dollar weakens as boost from CPI data fades | Kitco News+0.3%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Aug 19, 2025Canadian dollar falls as inflation data fuels rate cut bets — TradingView News+1.4%
• Sep 29, 2022USDCAD Price: Canadian Dollar Drops Despite Positive GDP Data+6.8%
• Apr 22, 2022Canadian dollar falls by most since December despite hawkish BoC | Reuters+1.5%
• May 31, 2018US dollar falls significantly against Canadian dollar | FXEmpire-5.1%
• Nov 19, 2025Canadian dollar falls the most in four months after key US data cancelled | Reuters-5.1%