USD/CAD Moves Down, Canadian Unemployment Falls to 6.8 Percent

USD/CAD is trading at 1.3085, down 0.0055.

Statistics Canada reported that Canada's January unemployment fell to 6.8 percent versus 6.9 percent in December and 48,300 jobs were created versus gains of 46,100 Jobs in December. The participation rate was 65.9 percent versus 65.8 percent in December.