USD/CAD consolidates above 1.2500, awaits Canadian jobs data
USD/CAD in bullish consolidation amid a rebound in the US dollar. Rising oil prices limit
US: JOLTS Job Openings little changed at 9.2 million in May
US JOLTS Job Openings stayed above 9 million in May. US Dollar Index edges higher
Canada: Trade balance to remain in deficit in the coming months – NFB
The trade balance in Canada turned back into deficit in May and analysts at the
USD needs a much larger surprise on NFP to sustain further gains – TDS
The dollar remains a touch higher against most G10 and major EM currencies ahead of
US NFP: Jobless rate expected to drop to 5.5% in June – Morgan Stanley
Analysts at Morgan Stanley offer their expectations for Friday’s US NFP report while recommending their
US: Weekly Initial Jobless Claims drop to 364K vs. 393K expected
Weekly Initial Jobless Claims in the US declined by 51,000. US Dollar Index stays in
GBP/USD pares intraday gains, up little around mid-1.3800s post-US ADP
GBP/USD gained traction on Wednesday and recovered a major part of the overnight losses. Some
USD upside risks heading into jobs report – MUFG
Ahead of the key Nonfarm Payrolls data on Friday, the Consumer Confidence report revealed abundant
US: Nonfarm Payrolls probably surged again in June – TD Securities
Previewing next week's key data releases from the US, "Nonfarm Payrolls probably surged again in
US: Weekly Initial Jobless Claims edge lower to 411K vs. 380K expected
Weekly Initial Jobless Claims in the US declined by 7,000. US Dollar Index stays in