CAD: Labor softness weighs on currency – Commerzbank
Von FXStreet Insights Team
Veröffentlichungsdatum: 9 Feb 2026 | Änderungsdatum: 9 Feb 2026
BELIEBTE ARTIKEL
Commerzbank’s Michael Pfister highlights that weaker-than-expected Canadian labor data, including job losses and a participation-driven drop in unemployment, underline fragilities in Canada’s economy.
Commerzbank’s Michael Pfister highlights that weaker-than-expected Canadian labor data, including job losses and a participation-driven drop in unemployment, underline fragilities in Canada’s economy. Pfister links hiring caution to renewed trade tensions with the US and expects that without a deal, Canada’s real economy will recover only slowly and the Canadian Dollar will remain under pressure in coming months.
Weak jobs and US tensions hurt CAD
"Although the key US labour market report was not published on Friday, there was at least labour market data from Canada, which was rather disappointing."
"Nevertheless, the job losses highlight the problems associated with the current difficult relationship with the US."
"Last month, this conflict gained momentum again when the US president threatened new tariffs (as we reported)."
"Therefore, we continue to assume that, without a deal with the US, the recovery of the Canadian real economy is likely to be slow, and that the Canadian dollar will continue to struggle in the coming months."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Über eine Million Nutzer verlassen sich auf FXStreet für Echtzeit-Marktdaten, Charting-Tools, Experteneinblicke und Forex-News. Der umfassende Wirtschaftskalender und die Bildungs-Webinare helfen Tradern, informiert zu bleiben und fundierte Entscheidungen zu treffen. FXStreet wird von einem Team von rund 60 Fachleuten getragen, verteilt auf den Hauptsitz in Barcelona und verschiedene Regionen weltweit.
Weiterlesen
