Earlier today I noted a pretty important level on the USD/CAD, at 1.3658. A potential break down there was noted as possibly opening a path to an even more important price point, at 1.3629. Well, the USD/CAD did test that 1.3658 level. In fact, it has nailed it almost to the pip, but it has held at the first time of asking, as the dollar more generally starts to fight back following those economic releases. It remains to be seen if the US dollar will challenge this level again as the afternoon further unfolds. The USD/CAD is just now rebounding further, currently trading at 1.3690
US services ISM index better but JOLTS worse-USD/JPY drops back
The November ISM service sector index has just been released. This was expected to rise slightly, from 51.8 to 52. It has actually risen to 52.7, but...
Another important number for the EUR/USD to focus on at 3pm GMT
Leaving aside the latest ISM data due out shortly, there is also another important release due out at the same time. That is the latest JOLTS, job...
US stocks open lower- Dow Jones drops back closer 36k
The US stock markets have just reopened and it has been a negative start to the session. That might change as the afternoon unfolds and as already...