Dollar tumbles in US session after another huge non-farm payroll miss. On the other hand, Canadian Dollar surges notably after solid employment data. As for the week, the Loonie is now in a pole position to end as the strongest. Yen is still the worst performing, but we’d see if Dollar would over take its
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GBP/USD reached its lowest level in over a year in the past month. As the Bank of England (BoE) could start raising rates this year despite rough economic conditions, economists at the National Bank of Canada expect the pound to strengthen. Sterling is expected to receive support from monetary policy “Gas shortages and difficulty finding
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Not a whole lot going on in the major currencies space Besides the action in the bond market and the yen (↑), there isn’t much else happening as equities are also keeping more muted on the session thus far.Invest in yourself. See our forex education hub. The dollar is holding mild gains against the likes
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Overall markets continue to be rather mixed for now. Commodity currencies rally in Asian session, as led by Aussie, following rebound in the stock markets. On the other hand, Dollar is turning softer again, together with Yen. Euro’s weakness is the more persistent development this week, in particular against other European majors. Trading today might
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