Today's economic data provides a mixed outlook for major currencies, with changes in consumer sentiment and employment figures offering insights into the broader economic landscape. While the U.S. shows resilience in consumer sentiment, Canada presents a mixed but improving labor market picture. The following analysis dives deeper into these economic indicators and their potential implications for the USD and CAD.
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Michigan Consumer Sentiment (Oct) | 2025-10-10 14:00:00 | 55.1 | 55 | 54.2 | -0.1 | High |
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Unemployment Rate (Sep) | 2025-10-10 12:30:00 | 7.1% | 7.1% | 7.2% | 0% | High |
| Employment Change (Sep) | 2025-10-10 12:30:00 | -65.5K | 60.4K | 5K | 125.9 | High |
The USD experiences mixed support with consumer sentiment dropping slightly but exceeding expectations, while the CAD benefits from stable unemployment and impressive employment gains. Overall, today's figures are more supportive for the Canadian Dollar amidst significant employment changes.