CAD: Jobs Report: Massive Decline In Employment Suggests BoC May Rethink Its On-Hold Stance – CIBC
December 11, 2019The Canadian dollar has been under pressure after the recent disappointing Canadian jobs report. Where next for the loonie and the Bank of Canada? Here is their view, courtesy of eFXdata: CIBC Research discusses its reaction to today’s Canadian jobs report for the month of November. “Canada’s labor market took more than a breather in…