90% Rate Cut Odds Just Hit USD/CAD - Expert Reveals Why This Changes Everything
Key Points
- Canada lost 65,500 jobs and the U.S. added only 22,000, disa...
The job market just served up a masterclass in how to disappoint literally everyone. Canada managed to lose 65,500 jobs when economists were expecting a modest gain of 4,900 - that's like ordering a coffee and getting a bill for your mortgage instead. Meanwhile, the U.S. added only 22,000 jobs against expectations of 75,000, proving that mediocrity is truly a North American specialty right now.
When Bad News Makes Good Headlines
This employment disaster has currency traders doing mental gymnastics worthy of Olympic recognition. The Bank of Canada rate cut probability jumped from 75% to 9...
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