© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo By Fergal Smith TORONTO (Reuters) – Analysts are sticking to their bullish forecasts on the Canadian dollar for the coming year, maintaining that the currency is undervalued
SEPTEMBER LABOR MARKET REPORT September U.S. nonfarm payrolls increased by 336,00 versus 170,000 expected. The unemployment rate held steady at 3.8%, one-tenth of a percent above estimates. Average hourly earnings clocked in 0.2% m-o-m and 4.2% y-o-y, slightly below forecasts Most Read: Seasonality and Historical Q4 Performance of U.S Equities: S&P 500 and Nasdaq 100
© Reuters Investing.com – The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At 03:40 ET (07:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at
2/2 © Reuters. A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. REUTERS/Maxim Shemetov/Illustration/File photo 2/2 By Alexander Marrow (Reuters) -The Russian rouble weakened past 100 to the dollar to a more than seven-week low as President Vladimir Putin spoke on Thursday, hurt
It was a difficult September for bond and stock bulls. After reiterating ad nauseum, it appears that the FOMC’s “higher for longer” message has finally gotten through. In general central banks are mostly in wait and see mode as they assess the many crosscurrents to determine whether additional tightening is needed. Uncertainties over the policy
© Reuters. FILE PHOTO: A man counts U.S. dollars at a currency exchange shop in Baghdad, Iraq, January 23, 2023. REUTERS/Ahmed Saad/File Photo By Timour Azhari BAGHDAD (Reuters) – Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its hard
US Dollar Vs Euro, British Pound, Japanese Yen – Price Setups: Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Developments on the technical charts indicate that the US dollar’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. However, there are no signs
NZD/USD, GBP/NZD, NZD/JPY – Outlook: NZD/USD is holding above key support after RBNZ held rates steady. GBP/NZD has pulled back from stiff resistance; NZD/JPY’s range appears to be reinforced. What is the outlook and the key levels to watch in NZD/USD, GBP/NZD, and NZD/JPY? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The yen rose slightly on Wednesday, moving away from the closely watched 150 per dollar mark, after