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Canada lost 4,700 jobs in October and its unemployment rate rose to 6.7%, extending a three-month decline totaling 114,700 jobs. At the same time, U.S. employment growth exceeded expectations, strengthening bets on another Federal Reserve rate hike and adding pressure to the Canadian dollar.
A weaker Canadian dollar can improve the price competitiveness of Canadian agricultural exports, while divergent U.S. and Canadian rate expectations may sustain currency volatility. No direct agricultural supply or demand change is reported.
fxstreet.comGhiles GuezoutNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
