The Canadian dollar jumped today as positive employment data from the United State boosted risk appetite among Forex traders and overshadowed poor employment report from Canada itself. Reports ahead of US non-farm payrolls provided a mixed picture about the US employment market as ADP employment report showed less-than-expected growth, while unemployment claims dropped more than was forecast. The payrolls came out today, supporting positive view [...]
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The US dollar had a mixed week as there was plenty of negative data from the United States, yet there also were positive indicators, especially employment figures. The greenback rose against the euro and the yen, but declined against higher-yielding currencies. The US dollar started this week stronger against most of the currencies, but quickly turned to the downside as negative reports had begun to flow in. The Chicago Purchasing Managers’ Index [...]
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FXstreet.com (Buenos Aires) – Following the weekly trend, dollar is quite negative on daily basis against major rivals, with one single exception: the so long suffered Euro. News of an IMF report warning about Spain outlook to remain uncertain, are again weighting on the common currency, as despite the recently gained bullish momentum that lifted [...]
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