Analysts at ING note that, at the same time as U.S. payrolls, the Canadian jobs report will be published. 

• "The markets are already expecting a rebound in the headline number after the negative reading in October. Unemployment should remain around its all-time lows and continue to suggest that the Labour market is in a good place (wage growth to remain very strong too) and is no concern for the Bank of Canada. 
• For now, this should contribute to keep USD/CAD below the 1.32 level. 
• We still expect the BoC will cut early next year, but the reason behind such a move would mostly relate to external woes, in our view."