Top 5 Events: May Canada Jobs Report & USDCAD Price Forecast
The May Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, June 7 at 12:30 GMT.

The May Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, June 7 at 12:30 GMT.

The April Canada jobs report (detailing the employment change and unemployment rate) is due on Friday, May 10 at 12:30 GMT.

Markets are expecting the Canadian labor market to cool off after exceptionally strong gains in January and February.

USDCADs daily move is already its largest down day since February 22.

With Crude Oil prices rising by 18.5% in January, there was likely a positive impact on Canadian growth.