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Bar chart ranking six assets by their same-day reaction to July jobs data, led by the Canadian dollar.

USD/CAD fell further on August 7 than any of five other assets moved in either direction, even as the five-year Government of Canada yield that prices mortgage renewals gave back most of an early spike to net roughly two basis points by late morning. Gold pushed toward a two-month high the same day, a move tied more to reduced Federal Reserve rate hike odds than to Strait of Hormuz headlines, while WTI eased toward a weekly loss of more than 9%.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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