The main factor behind the Canadian dollar appreciation is likely the expectation of tomorrow's Bank of Canada statement accompanying the widely expected hike.

In terms of how it affected financial markets, it did have an immediate impact, but I don't think it's long-lasting at this point until we know a little bit further what the situation is surrounding it.

The jobs number was a blowout. It was strong across the board.

A rise in longer-term bond yields would arguably be seen as doing some of the Fed's tightening work.

There's very little direction. Everyone's tuning into (the payrolls figures) especially since the Fed has been talking about watching incoming data for guidance on how they're going to move in March.

The U.S. economic releases were not particularly outside of expectations in any way.

It's difficult to pinpoint the move on any one thing at this point, but with the commodity prices coming off, that could be one of the factors.

The Bank of Canada has talked about the risks to 2007 on the downside. We would see the Canadian dollar weakening.

The Bank of Canada is more likely to move more than the U.S..

Every one of them gets to be pretty important when considering the Fed is going to be watching the data ever more closely to figure out where interest rates are going.