EUR/USD trades under the very stubborn triple-bottom at 1.0630. The pair made an initial sniff around the level ahead of the US Non-Farm Payrolls, bounced higher away from the stubborn line on the initial reaction, and is now falling down. What is going on? Markets initially reacted to the very disappointing jobs gain of 98K. [...]
The post EUR/USD loses triple bottom on NFP whiplash appeared first on Forex Crunch.
Another beat in the Canadian jobs report: 19.4K jobs in March. The unemployment rose from 6.6% to 6.7%, but this was exactly as expected. USD/CAD is dropping to 1.3360. The pair is also pushed down by the US NFP. The neighbor on the south gained only 98K jobs. Canada was expected to announce a gain [...]
The post Canada gains 19.4K jobs in March, better than expected – USD/CAD falls appeared first on Forex Crunch.
The United States was expected to report a gain of around 180K jobs in the month of March. Wages were predicted to rise by 0.2% m/m and the unemployment rate was expected to remain unchanged at 4.7%. Currencies were stuck in ranges ahead of the publication, with a significant distraction from the US airstrikes in [...]
The post Non-Farm Payrolls only 98K ‘- USD falls appeared first on Forex Crunch.
