Stalemate for Sterling-Canadian dollar bulls and bears .
A good end to the trading week, GBP/CAD is up to 1.7147, after closing yesterday at zero. Overall, a 0% move or 17,146 pips this week. (Trade Sterling-Canadian dollar with FXTM now).
At the same time, Canada Employment Change came out at 24,900, better than analyst estimates of 15,000 and improving upon the previous reading of 17,500. Fresh Unemployment Rate data released in Canada matched analyst forecasts with a reading of 5.8 -- a backwards step from its previous reading of 5.7. United Kingdom Manufacturing PMI came out at 47.2, while a consensus of analysts was expecting 46.7. United Kingdom Nationwide HPI (MoM) (Nov) released today at 07:00 UTC with a figure of 0.2, while the previous figure was 0.9. United Kingdom Nationwide HPI (YoY) (Nov) came out at -2.
Also worthy of note, Canada Interest Rate figure is projected at five. It previously stood at five; data will be released Wednesday. United Kingdom Composite PMI figure is projected at 50.1. It previously stood at 48.7; data will be released Tuesday. United Kingdom Services PMI is expected Tuesday.