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The Canadian dollar fell on Friday after Statistics Canada reported that employment declined by 4,700 in October and the unemployment rate rose to 6.7%. The report also showed a drop in private-sector employment, while stronger US jobs data supported the US dollar.
Weak Canadian employment data relative to the United States weighs on the Canadian dollar and pushes USD/CAD higher.
fr.qz.comColleen CabiliNov 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.
