Canadian dollar soars in early US session after release of much stronger than expected employment data. The job market in Canada added 93.2k jobs in June, more than four times expectation of 20k. Unemployment rate dropped from 8.1% to 7.9%, lowest level since January 2009. Also, note that the Canadian
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Mid-Day Report: Canadian Dollar Soars on Stellar Job Report
– July 9, 2010Posted in: Forex Daily Outlook