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The details of the Canadian July jobs report have just hit the screens. The impact of this report has not yet impacted the USD/CAD. That is because whilst payrolls fell back by 2.8k (expected to rise by 25k), the unemployment rate remained at 6.4%, where the markets had anticipated a rise to 6.5%. In addition the split between full-time and part time jobs was skewed much more in favour of full time employment- they rose by 61.6k, where part-time jobs fell by 64.4k. So a mixed message for the Canadian dollar really and that probably explains the lack of movement seen so far. The USD/CAD was trading around 1.3740 ahead of the release and it is still around there now
The dollar has now made some further progress. The EUR/USD has tested the 1.17 handle and the GBP/USD has fallen to fresh session lows towards 1.3550...
Since reaching a new all time high just above 112k earlier today, Bitcoin has been rather struggling for further momentum and it has been leaking...
Well, a couple of updates ago the dollar index was struggling for traction, but over the past hour and more the EUR/USD has turned lower. It seems to...
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