Canada: Employment increases 42.9K in March

FXStreet (Łódź) - Net employment in Canada grew by 42.9K in March, following a 7K drop registered the previous month, Statistics Canada reported today. Consensus pointed to a 20K increase.

The unemployment rate slid to 6.9% from 7% while the participation rate remained at 66.2%, as expected.

USD/JPY at monthly high post Non Farm Payroll miss

Despite an immediate push above 104.00, USD/JPY declined in a near term burst of volatility in the aftermath of today’s Non Farm Payrolls, before returning to push higher.
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US Average Hourly Earnings (YoY) dipped from previous 2.2% to 2.1% in March

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