Canadian Dollar Falls After Labour Market Data Release
[ad_1] On Friday, disappointing figures showed that in August the Canadian economy lost 65,500 jobs (the forecast had been for…
Category: Currency Analysis
Gold Poised to Test Fresh Highs
[ad_1] Gold held near historic levels on Monday, trading around 3,590 USD per ounce, bolstered by a softer-than-expected US labour…
Market Focus Turns to Political Issues
[ad_1] Markets After a series of mediocre labour market data/subindices published earlier last week, the US payrolls report gave the…
NZD/USD and AUD/USD Rally Attempts, Will Buyers Stay in Charge?
[ad_1] AUD/USD started a decent increase above 0.6580. NZD/USD is also rising and might aim for more gains above 0.5920.…
EUR/CHF Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.9334; (P) 0.9366; (R1) 0.9381; More…. Intraday bias in EUR/CHF remains on the downside for 0.9317…
More Rate Cuts, More OPEC Barrels, More Political Uncertainty
[ad_1] 22,000. That’s how many jobs the US economy added last month. A meagre 22K new nonfarm jobs – far…
Weak U.S. Employment Weighs on USD, Markets Eye Inflation, Gold Hits Records
[ad_1] Markets started last week quietly as the U.S. Labor Day holiday marked the end of summer trading. The main…
Japanese stocks soar towards record as Ishiba exit sparks optimism, NZD/JPY breaks higher
[ad_1] Japanese equities surged at the start of the week, with the Nikkei jumping more than 800 points in early…
EUR/USD Bulls Press Higher – Can Resistance Give Way This Time?
[ad_1] Key Highlights EUR/USD started a fresh rally from the 1.1600 region. A major bullish trend line is forming with…
SNB Schlegel: Hurdle to reintroducing negative rates remains high
[ad_1] SNB President Martin Schlegel said the bar for reintroducing negative rates remains “high,” acknowledging the policy’s “undesirable side effects”…