USSTOCK.TODAY
Market Closed
Log in Sign up

Dollar weakens on Canada employment shock and receding rate hike expectations

Investing.com +1 ·

  1. 1Canada's economy saw a decrease of 68,300 jobs in September.
  2. 2The unemployment rate rose from 6.4% to 6.5%.
  3. 3The Canadian dollar weakened due to the unexpected job losses and receding expectations for interest rate hikes.

So what's the key point?

Canada's economy saw a decrease of 68,300 jobs in September.

Source Investing.com +1 · View original ↗

Related 3-line summaries

Status of Social Security Benefits at Age 62 and Benefit Differences by Retirement Timing The Motley Fool +1 · 2h agoModerna shares surge over 560%, but Wall Street deems them overvalued The Motley Fool +1 · 2h agoJamie Dimon's Warning: Rising Borrowing Costs and the Need for Corporate Preparedness Moneywise +2 · 2h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news