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ADP employment surprises with a huge gain of 497,000 On Friday, US releases nonfarm payrolls and Canada publishes the employment report Nonfarm payrolls are expected to fall to 225,000, Canada...
Canada’s GDP surprises to the upside US PCE Price Index eases in June ISM Manufacturing PMI expected to contract The Canadian dollar is trading at 1.3259, up 0.07%. Canadian markets are closed...
Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...
Euro rebounds as ECB officials appear in hawkish suitsYen extends slide, despite new intervention warningsLoonie and aussie slide on lower-than-expected CPI dataWall Street gains on upbeat US dataECB...
Canada’s inflation rate eases US Durable Goods Orders accelerates The Canadian dollar spiked and gained 50 points after Canada released the May inflation report but has pared these gains....
AUDJPY should have support at 9490/9470. Longs need stops below 9455.Targets: 9530, 9560, 9590. EURJPY We can try longs again at 155.30/10 with stops below 154.80. Targets: 155.90, 156.30, 156.70. Buy...
Yen gets hit by another selling wave, retests its multi-year lows Dollar slightly softer ahead of US releases, euro capitalizes Tech stocks encounter some profit-taking, ECB forum beginsJapanese yen...
Canada’s inflation expected to ease in May The inflation data could be a key factor in BoC’s July rate decision The Canadian dollar moved higher earlier on Monday but has pared these...
With all the major central bank decisions behind us, the spotlight next week will turn to a new round of inflation releases. The euro has been riding high this month, but whether it still has some...
Canada releases retail sales Fed Chair Powell testifies before a House Committee The Canadian dollar is drifting lower on Wednesday. USD/CAD is trading at 1.3222 in Europe, down 0.10%. The US dollar...
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