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Reuters: Canadian dollar snaps daily losing streak after surprise jobs gain

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Updated:2025-11-07
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"The Canadian economy again generated more jobs than anticipated last month, suggesting that the economy is beginning to shrug off the tariff shock," , chief market strategist at , said in a note. "The Canadian dollar is driving higher and yields are climbing, suggesting that traders see the Bank of Canada waiting for longer before delivering a last cut in its easing cycle - if it delivers one at all."

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