The typical/expected impact on CAD pairs is medium.
The most recent announced value for Average Hourly Wages (YoY) was 3.7%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Average Hourly Wages (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Net Change in Employment | Bearish change | 53.6K | 8.2K | ||
| Unemployment Rate | Bearish change | 6.5% | 6.8% | ||
| Ivey Purchasing Managers Index | Bearish change | 44.5 | 43.3 | ||
| Ivey Purchasing Managers Index s.a | Bullish change | 48.4 | 51.9 | ||
| S&P Global Manufacturing PMI | Bullish change | 48.4 | 48.6 |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Labor Market |
| Frequency: | Monthly |