USD/CAD Extends Gains, Canadian Unemployment Edges Up

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USD/CAD is trading at 1.2996, up 0.0076. The pair is trading brisk and at session highs. Market chatter global headline news and economic data is making the rounds. Statistics Canada reported that August unemployment rose to 7.0 percent versus 6.9 percent in July, 26,200 jobs were created versus a loss of 31,200 in July. The participation rate was 65.5 percent versus 65.4 percent in July.

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