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Weak Canadian Employment Adds Volatility to Canadian Dollar

The Canadian dollar is struggling to find any direction Friday morning following the release of a weaker-than-expected Canadian employment report.The February Canadian employment report added volatility to currency markets Friday morning, with USD/CAD rallying 35 pips following the release of the report. Those gains were quickly reversed as the cross fell back below 1.28 CAD. After the initial volatility, the Canadian dollar remains under significant pressure trading in the mid-1.28 CAD area.The Canadian unemployment report was weaker

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Employment Concerns Hurting Canadian Dollar

Investors are reluctant to buy Canadian dollars ahead of Friday's employment report, which is expected to show a weakening labour market in Canada.The U.S. dollar is holding modest gains against the loonie, trading above 1.29 CAD. Although Thursday's economic data have increased volatility, the trend in USD/CAD is higher ahead of Friday's employment data.I definitely think what we are seeing today has more to do with a weak Canadian economy, said Sacha Tihanyi, currency strategist from Scotia

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US Dollar Canadian Dollar (USD CAD) analysis

Forex trading. USD/CAD (US Dollar Canadian Dollar) technical analysis

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Canadian Dollar Falls Sharply as Risk Rises Overnight

(CEP News) - The Canadian dollar is trading near a one-month low against the U.S. dollar, which is up against most majors Tuesday as concerns about the global economy continue to grow.Overnight, the pair broke through 1.2500, which has been a strong psychological barrier, but so far gains have been capped at a session high of 1.2654 CAD. USD/CAD remains near session highs, trading up more than 2 cents to 1.2638 CAD. The Canadian dollar has been the worst performer

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Canadian Dollar Taking Little Direction from Weak Employment Report

Weaker-than-expected Canadian employment numbers are not having much impact on the Canadian dollar on Thursday morning.Positive market sentiment appears to be driving currency markets, which is benefiting not only the Canadian dollar but most of the commodity and high-yield currencies. Among the G10 currencies, the Canadian dollar is one of the top performers against the greenback.USD/CAD has been on a modest downtrend through most of the session. The selloff picked up steam following the Canadian employment report.

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