Archived IMT (2009.05.08)
CAD soars across the board after Canada unexpectedly created a net of 36K jobs in April vs expected loss of 50K, while the unemp rate was unchanged at 8%. USDCAD drops to 1.1580 low, eyeing 1.15, 38% retracement of the major upmove from 0.9050 low to the 1.3015. Remain cautious of the expectations element from US jobs report, as a decline of less than 600K and an unemp rate of less than 8.9% would serve to boost risk appetite and further lift EURUSD past the $1.3470 level.
Reality Check Pre Jobs
by Adam Button | Dec 6, 2019 12:37
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51