The USDCAD has moved modestly higher after the weaker than expected Canadian jobs report. Employment Change: Actual: -40.8k Expected (Reuters Poll): +13.5k Prior: +83.1k 🟥 …
The USD is higher vs the JPY and little changed vs the EUR and the GBP. In the video above, I take a look at …
Prior +83.1K Unemployment rate 6.9% vs 7.0% expected Prior 6.9% Full-time employment -51.0k vs +13.5k prior Part-time employment +10.3k vs +69.5k prior Participation rate 65.2% …
“It’s not whether you are right or wrong, but how much you make when you are right and how much you lose when you are …
Headlines: Major currencies not up to much in final stretch of the week Gold spot prices hold steady despite surge in COMEX futures, what’s next? …
A clear decision was made to cut interest rates Disinflation is showing ongoing progress At the margin, there has been an upward shift in inflation …
Reuters is reporting on the matter and the sources cited also say that India’s defence minister has cancelled his planned visit to the US. This …