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Friday, July 6, 2018

|>> New Economic Event by FX for Dummies July 06, 2018 at 02:42PM :

" CAD Unemployment Rate --- Act: 6.0% Cons: 5.8% Prev: 5.8% --- Worse than expected --- The Unemployment Rate released by the Statistics Canada is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Canadian Economy. If the rate is up, it indicates a lack of expansion within the Canadian labor market. As a result, a rise leads to weaken the Canadian economy. Normally, a decrease of the figure is seen as positive (or bullish) for the CAD "

 

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