U.S. Employment Jumps Much More Than Expected In November

Job growth in the U.S. showed a substantial acceleration in the month of November, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment surged up by 266,000 jobs in November after climbing by an upwardly revised 156,000 jobs in October. Economists had expected an increase of about 180,000 jobs compared to the addition of 128,000 jobs originally reported for the previous month. With the stronger than expected job growth, the unemployment rate edged down to 3.5 percent in November from 3.6 percent in October. The unemployment rate was expected to remain unchanged. The material has been provided by InstaForex Company – www.instaforex.com…

Loonie Falls Following Canada Jobs Data

At 8:30 am ET Friday, Statistics Canada has released Canada jobs data for November. After the data, the loonie dropped against its major counterparts. The loonie was trading at 82.18 against the yen, 0.9055 against the aussie, 1.3244 against the greenback and 1.4665 against the euro around 8:32 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Climbs After U.S. Jobs Data

After the release of U.S. jobs data for November at 8:30 am ET Friday, the greenback advanced against its major counterparts. The greenback was trading at 108.73 against the yen, 0.9907 against the franc, 1.3117 against the pound and 1.1077 against the euro around 8:31 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

Loonie Mixed Ahead Of Canada Jobs Data

At 8:30 am ET Friday, Statistics Canada will release Canada jobs data for November. Ahead of the data, the loonie traded mixed against its major counterparts. While the loonie rose against the euro, it held steady against the greenback and the yen. Against the aussie, it dropped. The loonie was worth 82.41 against the yen, 0.9031 against the aussie, 1.3174 against the greenback and 1.4617 against the euro at 8:25 am ET. The material has been provided by InstaForex Company – www.instaforex.com…