{"id":433509,"date":"2026-07-10T20:00:07","date_gmt":"2026-07-10T13:00:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/canadian-jobs-data-coming-up-next-433509\/"},"modified":"2026-07-10T20:00:07","modified_gmt":"2026-07-10T13:00:07","slug":"canadian-jobs-data-coming-up-next","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/canadian-jobs-data-coming-up-next-433509\/","title":{"rendered":"Canadian jobs data coming up next"},"content":{"rendered":"<div>\n<p>The Canadian dollar is in focus in early North American trade today with the June jobs report teed up.<\/p>\n<p>The consensus &#8212; as it alwasy seems to be &#8212; is +10K but Canadian employment numbers are wildly volatile. The prior reading was +87.8K, which was the strongest reading since December 2024. You can get a sense of the choppiness in the data from the chart.<\/p>\n<\/p>\n<p>USD\/CAD is trading down 13 pips to 1.4152 today. I <a href=\"https:\/\/www.reuters.com\/business\/canadian-dollar-steadies-as-recession-fears-recede-2026-07-09\/\" rel=\"follow\">spoke with Reuters<\/a> yesterday about the loonie and <a href=\"https:\/\/youtu.be\/pAA2Ge1lSjk?si=bqE0x1vKhNwCp9aV\" rel=\"follow\">was on BNN Monday<\/a> making the case for a tactical bounce. Right now, the war and USMCA are clouding everything for the loonie but the latest Business Outlook Survey from the BOC highlighted pent-up and growing business investment that will ultimately bear fruit.<\/p>\n<p>In today&#8217;s number I&#8217;ll be looking at wage indication and any sign of acceleration. I&#8217;m also watching the participation rate and how it&#8217;s opening a CAD-positive gap over the United States.<\/p>\n<p>The report is due at the bottom of the hour at 8:30 am ET. The consensus on the unemployment rate is 6.6%, unchanged from May.<\/p>\n<\/p>\n<\/p>\n<p>                            This article was written by flc97fe4880a4b454993821fe0b770a597 at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian dollar is in focus in early North American trade today with the June jobs report teed up. The consensus &#8212; as it alwasy seems to be &#8212; is +10K but&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-433509","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=433509"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433509\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}