# Markets Scale Back Bank of Canada Rate Hike Bets After Weak October Jobs Report, Rosenberg Says

> The headline says markets reduced expectations for a Bank of Canada rate hike after a weak October jobs report, citing David Rosenberg. The supplied text contains no further details beyond a CAD/USD market snapshot.

- Date: 2026-11-09 · published 2026-11-09T15:10:59.308Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/89695-markets-scale-back-bank-of-canada-rate-hike-bets-after-weak-october-jobs-report
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Lower expected Canadian interest rates can weigh on the Canadian dollar, potentially raising the local-currency cost of imported feed and inputs. No direct change to commodity supply or demand is reported.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- ca.marketscreener.com: https://ca.marketscreener.com/news/markets-scale-back-bank-of-canada-rate-hike-bets-after-weak-october-jobs-report-rosenberg-says-ce785fd3dc8af127

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