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Western Union:The loonie strengthened to new session highs after Canadian hiring last month proved the strongest all year. Hiring was nearly 6 times better than forecasts of +10,000 with an outsized gain of 58,900. Unemp…

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Western Union:

The loonie strengthened to new session highs after Canadian hiring last month proved the strongest all year. Hiring was nearly 6 times better than forecasts of +10,000 with an outsized gain of 58,900. Unemployment held at 6.8%. 

Canada's burst of hiring speaks better about the economy's prospects and seemingly closes the door a little to the chance of further rate cuts north of the border.

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