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AUDUSD rose to the highest levels in almost one month on Monday, in extension of almost 0.9% daily advance on Friday and 1.5% gains last week The pair enters the third consecutive week of strong gains, with the latest acceleration being boosted by revived risk appetite and hopes of September Fed rate cut (with renewed […]

The post AUD/USD Outlook: Continues to Trend Higher Ahead of FOMC Minutes, Powell’s Speech in Jackson Hole appeared first on Action Forex.

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10/05/2024

Canada’s Labour Market Explodes Higher in April

The Canadian labour market gained 90.4k positions in April, with full-time employment up 40.1k and part-time employment up 50.3k. The unemployment rate was unchanged at 6.1% and the participation rate rose 0.1 percentage point to 65.4%. Employment by sector showed gains in professional, scientific and technical services (+26k), accommodation and food services (+24k), health care […]
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All Eyes Turn to US March CPI Today

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