Canada S&P Global Manufacturing PMI up to 53 in June from previous 52.9

Jul 2, 2026

US Dollar: Softer jobs and inflation outlook weigh on rate expectations – Commerzbank

Commerzbank’s Bernd Weidensteiner highlights that US nonfarm payrolls rose only 57,000 in June, far below consensus, with prior months revised down by 74,000. Monthly job growth has been slowing and the six-month average is expected to turn lower.

Canadian Dollar gains as weaker US jobs data pressure US Dollar

USD/CAD falls to 1.4180 on Thursday, down 0.26% on the day after dropping to 1.4150, its lowest level in more than a week, following a much weaker-than-expected US employment report.