💱US Dollar/Canadian Dollar FX Spot Rate
USDCAD
▼ NegativeMonetaryrelevance
TD Securities expects Canada July jobs to rise 20k, supporting CAD strength against USD.
TD Securities strategists expect Canada’s July Jobs Report to confirm ongoing labour market strength, with employment rising another 20,000, matching consensus and extending the recovery of 2026 job losses. The strategists view this labour resilience as a factor favouring the Canadian dollar against the US dollar.
TD Securities expects Canada July jobs to rise 20k, supporting CAD strength against USD.