At 13:30 GMT, the Canadian economy released its reading for the unemployment rate at 10.9% in July, better than forecasts of 11.1%, and better than the previous reading of 12.3%. This data is considered positive for the Canadian economy.

At 12:30 GMT, the Canadian economy released its reading for the employment change index, as the economy has added 418.5K jobs in July, higher than forecasts of adding 395K new jobs, while the previous reading was 952.9 K jobs. 

At 12:30 GMT, the US economy released its reading for the non-farm employment change index, as the economy added 1.763 million jobs in July, higher than forecasts of 1.530 million jobs, while the previous reading was revised to 4.791 million from 4.800 million jobs.

At 12:30 GMT, the US economy released it reading for the average hourly earnings for July, which rose by 0.2%, beating forecasts of a drop by 0.5%, and better than the previous reading of -1.3%. This data is considered positive for the US dollar.