Unemployment

Buying Momentum Falters, Shutdown and Consumer Confidence to Move Dollar

December 27, 2018 2:33 PM
Buying Momentum Falters Asian markets pushed higher overnight, with the exception of the Shanghai Index, which was nursing losses following dismal Chinese industrial profits. Europe also started in the black, although European bourses were back in the red by midway through the European session.

AUD/USD: Bearish Trend Still Dominates Ahead of AU Jobs

August 15, 2018 6:23 PM
The price action so far today is emblematic of a textbook “risk off” day: stocks are falling across the globe, oil is trading off by nearly 3%, bond yields are generally retreating, and the yen is the strongest performing major currency (though we would note that gold bugs still can’t seem to catch a break!).

USD/CAD falls sharply ahead of Canadian jobs data

May 10, 2018 6:42 PM
USD/CAD fell sharply for a second day in a row on Thursday as a combination of factors helped to weigh on the US dollar while boosting the Canadian dollar. This USD/CAD drop has occurred immediately ahead of key Canadian jobs data for April to be released on Friday.