USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD had finally broken above the October 2022 descending trendline this week but has since run into some resistance just shy of the 1.3800 mark. This could just be a short-term retracement before a bullish continuation. Get your hands on the
Share: The US labor market held up surprisingly well in September. Pressure for another rate hike is rising, economists at Commerzbank report. Data for the previous months were revised significantly upward In September, job growth in the US amounted to 336K, which was significantly more than expected. The continued strong employment growth –
Euro Analysis (EUR/USD, EUR/JPY) EUR/USD Driven by Countertrend Move is Yields, USD In an unsurprising fashion markets have cooled off in anticipation of today’s NFP print which was always going to be the standout event this week. Lackluster EU PMI data at the start of the week sent the euro lower against most of its
Share: Canadian jobs figures may tilt market pricing towards another BoC rate hike, but watch for data volatility, economists at ING report. Key jobs figures to steer rate expectations As it often happens, Canadian jobs figures will be released at the same time as the US ones, and the USD/CAD reaction will depend
Share: EUR/USD struggles to gain any meaningful traction on Friday and oscillates in a narrow band. The technical setup seems tilted in favour of bears and supports prospects for further decline. Traders now await the release of the key US NFP report before placing fresh directional bets. The EUR/USD pair is seen oscillating
SILVER PRICE OUTLOOK: Silver prices fall modestly despite U.S. dollar softness. Traders remain cautious ahead of key U.S. labor market data. The September NFP report, due out on Friday, will be key for financial markets. Most Read: US Jobs Report Preview – What’s in Store for Nasdaq 100, USD, Yields, and Gold? Silver prices fell
US Treasury Yields Take a Breather as Markets Brace for NFP لینک منبع : هوشمند نیوز
Gold (XAU/USD) and Silver (XAG/USD) Analysis, Prices, and Charts Gold continues to struggle at multi-month lows. US Jobs Report is the next macro-driver on the economic calendar. Download the Brand New Q4 Gold Forecast Recommended by Nick Cawley Get Your Free Gold Forecast The US dollar is drifting lower in early trade as US yields
Brief Summary: The nonfarm payrolls figure released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business, within the States. The payrolls figure can change significantly month on month, due to its high correlation with economic policy decisions made by the US Central Bank. The
