Canada is Expected to Have Grown 10k Jobs in March - BBH
Research Team at BBH, suggests that the Canadian dollar’s advance has
cut this week’s decline in half and today’s employment data will likely
determine how it finishes the week.
Key Quotes
“Canada
is expected to have grown 10k jobs in March but recall that it lost
51.8k full-time positions in February. Separately, housing starts are
expected to slow from the 212.6k pace seen in February. The Bank of
Canada meets next week, but policy is on hold. Initial support for the
greenback is seen near CAD1.3020 and resistance near CAD1.3120.”
(Market News Provided by FXstreet)
