# Canadian dollar rises to 10-week high as jobs data beats estimates for third month

> The Canadian dollar strengthened by the most in six months after stronger-than-expected November jobs data, with Canada adding 53,600 jobs and unemployment hitting a 16-month low. Bond yields rose on bets the Bank of Canada could start raising rates next year.

- Date: 2026-01-01 · published 2026-01-01T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/21731-canadian-dollar-rises-to-10-week-high-as-jobs-data-beats-estimates-for-third
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Expectations of Bank of Canada tightening push the loonie higher, which marginally lowers the cost of imported feed ingredients into Canada but has little direct effect on grain prices.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/canadian-dollar-rises-10-week-high-jobs-data-beats-estimates-third-month-2025-12-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.