The Canadian jobs report for March:

  • Prior was -1.0K
  • Full time -28.2K
  • Part time +56.8K
  • Unemployment rate 6.8% vs 6.8% exp
  • Prior unemployment rate was 6.8%
  • Participation rate 65.9%
  • Prior participation rate 65.8%

USD/CAD plunged down to 1.2610 from 1.2660 on the numbers but that full-time/part-time breakdown isn't great.

Aside from the solid jobs numbers, there is a large option expiry at 1.2600 (a whopping $4.1B)