The decision of the European Central Bank hardly moved the euro until Draghi uttered his words about a lack of urgency. And now the common currency gets another boost, and not only from the NFP. According to reports, the ECB discussed the option of raising rates even before bond-buying ends. The Federal Reserve initially tapered QE from early [...]
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Canada was expected to report a small gain of 2500 jobs in February after a blockbuster rise of 48.3K in January. The unemployment rate carried expectations for remaining unchanged at 6.8%. USD/CAD was trading just above 1.35. The loonie suffered quite badly from the crash of crude oil prices.
The post Canada: excellent jobs report: +15.3K jobs, unemployment rate falls to 6.6% – USD/CAD falls appeared first on Forex Crunch.
NFP beats expectations with 235K and January revised higher to 238K. The unemployment rate drops to 4.7%. Wages are up 0.2% m/m, slightly below predictions but the previous month was revised up. The “real unemployment rate” falls to 9.2%. All in all, a solid report. The dollar is sliding across the board. It seems like [...]
The post NFP cements rate hike with 235K, wages up 2.8% m/m – USD sells the fact appeared first on Forex Crunch.
