Posts published in November 2017

Canadian Dollar Firm Despite Falling Employment

The Canadian dollar gained even though nation’s employment dropped last month. Other economic reports were good, though. Automatic Data Processing reported that Canadian employment shrank by 5,730…

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EUR/USD Trades Sideways on Eurozone and US Data

The EUR/USD currency pair was on a downtrend for most of the European session after the release of Eurozone CPI data for October. The pair later rebounded in the early American session after the release of US macro data.…

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Aussie Strong Despite Employment & Inflation Data

The Australian dollar gained today even though employment data missed forecasts and the inflation expectations gauge decreased this month. The report from the Australian Bureau of Statistics showed that the number of employed…

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Japanese Yen Gains Even as Economic Growth Slows

The Japanese yen gained today even as the country’s economic growth missed expectations. Some analysts argued, though, that the data was not entirely bad, and this may explain the currency’s gains.…

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Yen Flat-to-Lower After Kuroda’s Speech

The Japanese yen was stable against such currencies as the US dollar and the Great Britain pound today, but fell against such European majors like the euro and the Swiss franc. Bank of Japan…

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