The USD / CAD continues to fall ahead of the weekend. The US dollar index remains in negative territory below 91.60. Investors are awaiting UoM’s preliminary consumer sentiment index for April. After spending Asian trading hours around 1.2550, the USD / CAD pair with slight bearish pressure and fell to a daily low of 1.2493..
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USD / CAD falls below 1.2500 amid continued weakness
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NZDUSD moves out of the non-trend range.
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The pair is operating above 50% retracementThe NZDUSD is another pair that has broken out of its non-trend range (see the EURUSD article here). For the NZDUSD, the pair got stuck in a 75 pip trading range over the past nine trading days. The price has moved above this level in Asian trade today, and..
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Dollar benefits as economic data points to more gains By Reuters
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© Reuters. Saudi riyal, yuan, Turkish lira, pound sterling, US dollar, euro and Jordanian dinar notes are shown in this illustration By Stanley White TOKYO (Reuters) – The dollar was ready to expand gains against major currencies on Monday after the US jobs report at the end of last week showed that the country’s labor..
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Upbeat U.S. employment figures boost risk appetite
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What you need to know on Monday April 5: Risk -on resumed financial markets on Friday, as the United States added 916K new jobs in March, while revising upwards the figures for January and February. Stock markets were closed in the middle of Good Friday, but DJIA and S&P futures surged into uncharted territory. Yields..
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Dollar higher after jobs report, but outside highest levels
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Modest changesThe US dollar is slightly higher after the better-than-expected jobs report, but off initial peak levels. EURUSD: EURUSD has fallen to as low as 1.1755 but has rebounded to 1.1768 currently. The pair is trading between the 200 hour MA above at 1.1780 and the 100 hour MA below at 1.17474. USDJPY: USDJPY is..
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The dollar extends four-month highs to the euro as the prospects for recovery differ by Reuters
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© Reuters. US dollar bills are seen in front of the stock chart shown in this illustration taken By Kevin Buckland TOKYO (Reuters) – The dollar hit a new four-month high for the euro on Thursday as the US pandemic reaction continued to surpass that of Europe, which has been hampered by extended lockdowns and..
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USD / JPY Holds Modest Daily Gains Around 108.70, Its Eyes On US PMI Data
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The USD / JPY posted modest daily gains on Wednesday. The yield on 10-year US bonds turned positive that day. Upcoming IHS Markit Manufacturing and Services PMI data. The USD / JPY pair closed in negative territory on Tuesday amid falling US Treasury bond yields, but reversed its direction on Wednesday. At the time of..
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Forex Signals – Find on FintechZoom The Best Forex Signals 2021
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Forex Signals – Forex Signals – Find on FintechZoom The Best Forex Signals 2021 Anyone in the trading field knows that forex signals are primarily used as popular and innovative tools. These are very useful when trading forex pairs. Mainly two ways to produce forex signals. One is an automated way. And the other is..
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Canadian jobs and UMich consumer sentiment top economic calendar
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What’s Happening in Commerce in New YorkThe Canada jobs report and the US PPI are due at the bottom of the hour. The PPI could be hot today, given all the survey data highlighting rising input prices. It lands in a loose bond market, which could have some effect.A more likely market driver is the..
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Bulls hold on to a 4 hour stand
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NZD / CHF is firm on support and the bulls are looking for a breakout from recent highs. The price is able to break down to 0.6820 in a breakout of 0.6767. According to the previous analysis, NZD / CHF Price Analysis: Bulls Commit to 1: 3 R / R Setup, the price has so..
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