Currency Note Worldwide

Canadian jobs figure declines

By Ricky Bean May 11th, 2015

  • The amount of employed people in Canada dropped last month to a new level. Statistics Canada reported that the number of employed people declined by 19,700 in April, when experts had only anticipated a fall of 5,000. This news was shocking after a significant gain the last time around. It will be interesting to see the knock-on effect this will have on the Canadian dollar this week.
  • The Japanese yen also dropped off on Friday as the Bank of Japan’s keenly-awaited latest meeting minutes showed that a majority of the board members want to pursue asset purchases.

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