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USD/CAD lifts after Canadian jobs report disappoints
The Canadian Jobs report has also just been released and it was a little disappointing. The unemployment rate rose to 6.4% in June, from 6.2% and a forecast for a rise to 6.3% The number of payrolls actually fell, where the markets had expected a rise of 25,000. Payrolls fell by 1,400. The USD/CAD has lifted on the news and that has also seen the CAD/JPY fall at the same time as the EUR/CAD lifted. The USD/CAD was trading close to 1.36 ahead of this release. It has now risen to above 1.3630 and it is not far off that rebound high just now
Market News
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Nikkei 225 futures leading US and European stocks lower now- DAX falling back again
Since the US opening this afternoon the Nikkei 225 has been underwater and that is now seemingly dragging both the European and US stock markets lower... -
US stocks mostly higher in the first hour of live trade- Nasdaq 100 leads again
The US stock markets have been open for just over an hour now and the scene is modestly positive. The best performing index is once again the Nasdaq... -
EUR/USD falls back towards 1.12
The earlier upside break in the EUR/USD delivered a high at 1.1266. However, it has now pushed back below that earlier 1.1214 breakout level after...
