Canadian dollar seen limited impact from September jobs data
ING’s Francesco Pesole said upcoming Canadian employment data are unlikely to move the Canadian dollar materially, despite expectations of job growth after August losses.
Upcoming data could show Canadian employment rose over 10,000 in September after roughly 42,000 job losses in August but this shouldn't have a major impact on the Canadian dollar, ING's Francesco Pesole says in a note. The figures are unlikely to boost the prospect of the Bank of Canada raising int…