Tag Archive: US Unemployment Claims

USD/CAD – Canadian Dollar Jumps on BoC Optimism, GDP Next

The Canadian dollar continues to gain ground in the Wednesday session, after posting sharp gains on Tuesday. In the North American session, USD/CAD is trading at 1.2845, down 0.24% on the day. On the release front, Canada will release GDP…
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EUR/USD – Euro Edges Higher on Strong Eurozone CPI

EUR/USD has recorded gains in the Thursday session, continuing the upward movement seen on Wednesday. Currently, the pair is trading at 1.1682, up 0.17% on the day. On the release front, Eurozone CPI Flash Estimate jumped 1.9%, above the estimate…
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EUR/USD – Euro Recovers as German Retail Sales Sparkles

EUR/USD has recorded considerable gains in the Wednesday session. Currently, the pair is trading at 1.1616, up 0.66% on the day. On the release front, German retail sales jumped 2.3%, crushing the estimate of 0.5%. In France, Consumer Spending declined…
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Safety is the priority

Seldom do we suddenly fall on demise but rather, advance towards it by slight degrees. However, nothing could be further from the truth when it comes to the Euro’s disintegration over the course of the last 24 hours. Forget about…
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Buckle in for an action-packed holiday-shortened week

Buckle in for an action-packed holiday-shortened week brimmed with essential events, none more significant than the May employment report particularly in light of the recent dovish conversation on wage growth in the May 2 FOMC minutes. A marginally firmer reading…
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Dangerous Brinkmanship

Dangerous Brinkmanship Another in the expanding history list of topsy-turvy Thursdays’ when it comes to risk as the President Gave, and the President Hath Taken Away only to leave the door open again when it comes to North Korea discussions….
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EUR/USD – Euro Edges Higher After Fed Minutes

EUR/USD has rebounded in the Thursday session and has posted gains. Currently, the pair is trading at 1.1719, up 0.19% on the day. On the release front, Germany Final GDP dropped to 0.3%, matching the estimate. GfK Consumer Climate ticked…
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USD/CAD – Canadian Dollar Slips on Trump Comment Over China

The Canadian dollar has posted considerable losses in the Wednesday session. Currently, USD/CAD is trading at 1.2906, up 0.68% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is…
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EUR/USD – Euro Slips to 6-Month Low on Weak German, Eurozone PMIs

After a quiet start to the week, EUR/USD has posted considerable losses in the Wednesday session. Currently, the pair is trading at 1.1726, down 0.45% on the day. On the release front, German and eurozone PMIs missed expectations in the…
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Commodity currencies are beaming

  Currency Markets The US dollar has given up some of its gains overnight as investors keenness for Greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought as US dollar bulls are consolidating gains at…
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