USD/CAD holds near 1.40 as US jobs beat meets soft Canada data: Nov 8, 2026
US non-farm payrolls rose 165K to beat estimates with unemployment falling to 4.1%, and the US dollar moved higher after the report, while Canada's October employment fell 4.7K versus 13.6K expected with unemployment at 6.7% and private-sector jobs down 53K. USD/CAD was holding near 1.40 as the soft Canadian jobs data and a weak economy kept attention on the pairing of US strength and Canadian weakness.
Updated
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Headlines (11)
Carried over from earlier days
- Canadian Dollar remains steady as oil prices continue to recoverFXStreet
- USD/CAD Price Forecast: Trades strongly ahead of US/Canada employment dataFXStreet
- US Non Farm Payrolls Surge 165K, Revisions Add 84K as Unemployment Falls to 4.1%ActionForex
- Canada Unemployment Rises to 6.7% as Private-Sector Jobs Fall 53K Despite Headline StabilityActionForex
- Canada Employment change for October -4.7K vs 13.6K estimate. Unemployment rate 6.7%.InvestingLive
- Canadian Dollar suffers double blow as US jobs boom, domestic employment shrinksFXStreet
- USD moves higher after the US jobs report. What levels are in play now?InvestingLive
- Canadian Dollar stares at 114.7K lost jobs and a Fed rate hikeFXStreet
- investingLive Americas market news wrap: Non-farm payrolls beat estimatesInvestingLive
- BMO economist says Canada fiscal stimulus clashes with BoC tightening, lifts 2027 GDP outlook to 2%flash.jin10.com
- Credit Agricole: Weak Economy Drags CAD, October Jobs Data Eyed as USD/CAD Holds Near 1.40flash.jin10.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, November 9 | ||
| FOMC Member Bowman Speaks | USD | |
| Final Wholesale Inventories m/m | 0.6% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Cleveland Fed Inflation Expectations | USD | |
| Tuesday, November 10 | ||
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 97.7 | USD |
| Core CPI y/y | USD | |