Canada’s economy got back into job creation mode in August with employment rising by 35,800. This result was largely in line with the consensus forecast for a 30,000 job gain. The unemployment rate, which rose in July to 8.0%, increased again in August to stand at 8.1% because the 53,500 Read More Canadian August Employment [...]
Posted in FX News | Tagged august, canadian, employment, expectations, gain, met, rate, rose, unemployment, unexpectedly
NZD/USD, rose to a 0.7321 handle before supply was met to see the pair retrace over 70 points. We had a limit sell at 0.7329, yesterday, that missed entry. Read More NZD USD supply met at above 07300
Posted in FX News | Tagged 07300, above, at, met, nzdusd, supply
EUR/USD reached an intraday high at 1.4875, before retracing at the start of the NY session to reach our long entry order at 1.4801. Read More EUR USD First Target Met 20pips
Posted in FX News | Tagged 20pips, eurusd, first, met, target
I was mostly very satisfied with the analysis yesterday with the Dollar finding lows right around the expected levels and which then provoked a sharp reversal. This puts the overall structure right where I had been expecting and it does seem to imply a correction higher for today at least and will probably stretch a [...]
Posted in FX News | Tagged and, correct, dollar, higher, met, now, see, should, targets, the, we