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Canada’s economy likely added fewer jobs in December Local dollar shows some weakness ahead of Friday’s data due at 13:30 GMT Unemployment rate to rise furhter According to market forecasts, the unemployment rate in Canada increased to 5.8% in November 2023, higher than the 5.7% figure that was recorded in the previous month. The rate reached […]

The post Loonie Plunges Ahead of Canadian Jobs Number appeared first on Action Forex.

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03/04/2024

US 500 Index Retreats from Record High

US 500 faces downside pressures for the second consecutive day More weakness possible, but key support levels are nearby The US 500 stock index (cash) opened negative on Tuesday, strengthening its negative momentum towards its 20-day exponential moving average (EMA), which has been buffering downside movements since the start of the year, around 5,185. With […]
19/06/2024

XAU/USD: Gold Price Edges Higher But Still Capped Under Key Barrier

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11/04/2024

EUR/USD: Bears Taking a Breather Ahead of ECB Policy Decision

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