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It is all about Canadian jobs later today- check out the USD/CAD this morning
There are no European or UK economic data releases of any note now today and there is nothing due out from the US later on either. However, there is one release of note due later though and that is the July Canadian monthly jobs report. So, in the absence of anything else, this data sure has the spotlight this afternoon. There will be more detail to add on what is expected later on, but prior to that just to note how the USD/CAD has been stopped dead in its tracks this week. You see on Monday the USD/CAD reached its highest level of the year, when it rose to 1.3946. Well, since then it has been leaking lower and has dropped back close to the 1.37 handle today, after closing in the US last night at 1.3733. The low seen this morning has been set at 1.3718. It is currently trading at 1.3723
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
