USD/CAD pokes 1.3060 key support on firmer oil, DXY weakness, Canada employment data eyed
USD/CAD takes offers to renew weekly low, prints three-day downtrend. Market’s cautious optimism favors oil
US may need 7.5% unemployment to curb inflation – Study
The new estimates from a team of researchers, including two staff economists from the International
Eurozone Final GDP revised higher to 0.8% QoQ in Q2 vs. 0.6% expected
The Eurozone economy expanded by 0.8% on the quarter in the three months to June of 2022
US NFP: Expect a 300K increase for August – Societe Generale
Analysts at Societe Generale offer a sneak peek at what they expect from the all-important
US: Weekly Initial Jobless Claims decline to 243K vs. 253K expected
Initial Jobless Claims fell by 2,000 in the week ending August 20. US Dollar Index
US: Weekly Initial Jobless Claims decline to 250K vs. 265K expected
Initial Jobless Claims fell by 2,000 in the week ending August 13. US Dollar Index
UK ILO Unemployment Rate holds steady at 3.8% in June, matches estimates
The Unemployment Rate in the UK steadied at 3.8% in May. UK Claimant Count Change
GBP/USD finds some support near 1.2000 mark, upside remains capped amid stronger USD
GBP/USD remains depressed for the fourth straight session and drops closer to the monthly low.
US: Weekly Initial Jobless Claims rise to 262K vs. 263K expected
Initial Jobless Claims rose by 14,000 in the week ending August 6. US Dollar Index
Canada: BoC still likely to raise rates aggressively after employment numbers – CIBC
The Canadian employment reports showed an unexpected negative change in July. Analysts at CIBC point