Canadian Dollar falls as US jobs boom, domestic employment shrinks

FXStreet · Ghiles Guezout · 2026-11-06 14:29 UTC

USD/CAD accelerates its rally on Friday, gaining 0.78% to trade around 1.4120 at the time of writing, as stronger-than-expected United States (US) employment figures boost the US Dollar (USD), while disappointing Canadian labour market data weigh on the Canadian Dollar (CAD).

Canadian Dollar suffers double blow as US jobs boom, domestic employment shrinks

- USD/CAD rises by 0.78% on Friday, trading around 1.4120 following contrasting employment reports.

- The United States economy adds 165K jobs in October, far exceeding expectations of 65K.

Read the full story at FXStreet · All coverage of this story