The typical/expected impact on CAD pairs is medium.
The consensus forecast for Participation Rate is 65.6%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
(A summary of the historic trading range after each event is not available for Participation Rate. Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent Participation Rate.
The most recent announced value for Participation Rate was 65.6% against a forecast of 65.6%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
Current Account | Bullish change | -8.05B | -6.17B |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |
The value of Participation Rate has been announced.
Forecast | Actual |