Articles tagged with "jobs-report"

NFP leading indicators point to a potentially above-expected reading in this month’s jobs report, with headline job growth coming in somewhere in the 120-160K range.

NFP leading indicators point to a potentially above-expected reading in this month’s NFP report, amidst a US dollar uptrend on safe haven demand from the conflict in Iran.

Perhaps the most important aspect of this month’s jobs report will be the benchmark revisions to past NFP reports, which could exceed -1M jobs - will it put a March rate cut in play for the Fed?

Traders and economists expect Canada's jobs report to show a decline of -1.5K jobs and an uptick in the unemployment rate to 7.0%, with USD/CAD testing a clear support area.

USD/CAD is catching a bid ahead of Canada's jobs report, and a close above the 200-day moving average would go a long way toward confirming a renewed rally.

The US Dollar Index (DXY) has risen for six straight days, raising the risks of a profit-taking pullback unless the NFP report is particularly strong.

The US Dollar is vulnerable as leading indicators point to near-expectation reading in this month’s NFP report, with headline job growth potentially coming in somewhere in the 115-150K range.

USD/CAD is testing technical resistance near 1.3750 with an overbought RSI, raising the odds of a pullback ahead of the weekend if data cooperates.

NFP leading indicators point to a slightly above expectation reading in this month’s NFP report, with headline job growth potentially coming in somewhere in the 175-225K range.

After slipping for the past three weeks, the US Dollar Index is testing key previous support at the 103.00 level, potentially setting the stage for a bounce on solid jobs data.

With the strong Canadian Employment data, traders may be wondering if the BOC will hike rates again sooner rather than later.

The strong Employment Change out of Canada in October may give the BOC a bit more confidence to raise rates in December. However, the meeting is a long way off.