USD/CAD is not overvalued at current levels – ING

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

Consolidates around mid-1.0500s, focus remains on US NFP

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

XAG/USD on Bearish Path After Meltdown Ahead of US NFP

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

GBP/USD tanks below 1.2600 after US NFP and ISM PMIs data

Share: The Pound Sterling (GBP) slumped late in the New York session versus the Greenback (USD) as US Treasury bond yields rose and bolstered the USD, which is set to print its seven consecutive week printing gains. The GBP/USD hit a daily high of 1.2712 before reversing its course and diving toward the current exchange

Mixed NFP and Lower Yields Weigh on USD, RBA & Boc up Next

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Can NFP Propel US Stocks Back to Yearly Highs?

S&P 500 Analysis US Equities Recover Lost Ground as Data Sends Real Yields Lower The top 500 US stocks ranked by market capitalization have partially recovered one of the deepest pullback seen during the current bull market. Rising risk-free rates (US treasuries) at a time when inflation has declined, has resulted in higher US real