Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Canada’s job growth surged in September, strengthening the loonie and reducing rate cut hopes.

flag Canada’s economy added 60,400 jobs in September, far exceeding expectations, boosting the Canadian dollar and reversing recent declines despite ongoing challenges like weak real estate, slower immigration, and falling oil prices. flag The unemployment rate held steady at 7.1%, and stronger labor market data reduced expectations for an upcoming interest rate cut by the Bank of Canada. flag The loonie rose against the U.S. dollar, with USD/CAD dipping below 1.40, though gains were limited by a broader U.S. dollar rally and weak commodity prices. flag Positive trade talks between Canada and the U.S. also supported market sentiment, while analysts watched key technical levels for future direction.

44 Articles