The typical/expected impact on CAD pairs is medium.
The most recent announced value for Average Hourly Wages (YoY) was 3.5%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Wages (YoY) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% | ||
S&P Global Manufacturing PMI | Bearish change | 47.8 | 46.3 | ||
Gross Domestic Product (MoM) | Bullish change | 0.3% | 0.4% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Labor Market |
Frequency: | Monthly |