Trade The World
CAD: Jobs data in focus today – ING
Por FXStreet Insights Team
Data de Publicação: 5 Sep 2025 | Data de Modificação: 5 Sep 2025
POPULAR ARTICLES
Canada releases August jobs data at the same time as the US today, ING's FX analyst Francesco Pesole notes.
Canada releases August jobs data at the same time as the US today, ING's FX analyst Francesco Pesole notes.
CAD to be a laggard in the G10 space
"Expectations are for a 5k rise in employment after the 40k contraction in July. Given the volatility of payrolls figures, more focus is on the unemployment rate, which at 6.9% is already well above the 2018-2019 levels but is expected to climb to 7.0%, with risks skewed to an even higher figure in our view."
"While markets have brought forward expectations for the next cut to October, we think the probability of a move in September (15bp) is underpriced and we could see a dovish rerating after today’s jobs numbers. Inflation slowed further below target to 1.7% in July, and core measures remain at a tolerable 3.0%."
"We continue to expect CAD to be a laggard in the G10 space, although USD weakness should still keep USD/CAD capped to the 1.38 area in our view."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
