CME Group Inc.
11/06/2026 | Press release | Distributed by Public on 11/06/2026 16:53
Canadian Dollar futures fall as U.S. and Canadian jobs data diverge.
Bob Iaccino of Path Trading Partners breaks down the recent pressure on Canadian Dollar futures following a stark divergence in North American employment data. He outlines the Canadian dollar's sharpest daily percentage drop since April 2025 after Canada reported unexpected job losses and a six-month high in unemployment. He also contrasts these figures with stronger-than-expected U.S. jobs data, which pushed interest rates in opposite directions and widened the yield gap.
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