USD/CAD traders are probably already on the fence about their future trading for the day. And I understand them – after all, it is not every day that we have the possibility to see the state of economy of both of the countries though the lens of employment and unemployment rates.

As well know, employment rates are essential to the economy and to the market performance of the currency. Why? Well, the more people are working, the more they are going to fill the budget, thus supporting the national currency of the country they are working in. Surely, with those without a job the situation is even more serious, because they are not only filling the budget, they also have to be paid something out of it, like social payment. Of course, the more unemployed people there are, the worse the situation is going to get.

This is thesituation that we are going to have to deal with today. It is a very important information and we have to react if there is something even the slightest bit wrong in the numbers given to us. Will you be able to trade through the suspense?

So good to have trading signals by our side, isn’t it?