Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/CAD falls below 1.3475 even as Canadian unemployment rises
The Canadian jobs report has also just been released and it has rather been overshadowed by the US data. However, despite a rise in the Canadian unemployment rate above forecasts, to 6.6%, the USD/CAD has fallen back. The payroll count gain was at 22k which was a little below forecasts, but not markedly so. The weaker than expected US data has seemingly eclipsed the Canadian numbers and that has pushed the USD/CAD down to a session low 1.3466. The USD/CAD is currently trading at 1.3472
Market News
All News-
Nasdaq 100 continues to lead the way as the 4pm London Fix approaches
As the 4pm London FX fix approaches, the dollar is just coming back from earlier highs. That saw the EUR/USD fall back to 1.1456. It was just now... -
USD/JPY unfazed by lower than forecast Richmond Fed index
The April EU consumer confidence and US Richmond Fed indexes have just been released. The markets were expecting the EU consumer to feel a little less... -
US equity markets open higher and advance in early trade -check out the Nasdaq 100
As expected and priced into the futures beforehand, the US equity markets did open higher this afternoon and despite some initial wobbly price action...
