Quotes from Western Union:- The loonie hunkered into a tight range with key jobs data due in a few days. Consequently, the loonie was little moved by healthier data on housing, with starts up an annual rate of 197,300 units in September from an upgraded 196,300 pace in August. – Forecasts call for Canadian hiring to rebound with a net gain of 20,000 for September compared to a loss of 11,000 in August. Unemployment is expected to stay at 7%. – Another subpar reading on the job market could see the loonie make a run at new lows for the year around C$1.1280.
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