USDCAD, H1 US nonfarm payrolls climbed 559,000 in May, falling a bit short of estimates, following increases of 278,000 (was 266,000) in April and 785,000 (was 770,000) in March for... Read more

Numerous labour market indicators are pointing to a solid gain for non-farm payrolls today, however there are still many distortions in the economy. The Dollar rallied yesterday following the strong... Read more

As explained in a recent article, the Canadian Dollar has been experiencing and is expected to continue experiencing an overall bullish movement for more than a year now. The employment... Read more

Market News Today – USD sprang to life after strong ADP (978k vs 645k), Weekly Claims (385k vs 400k) and ISM Services PMI data (64 vs 63). USDIndex has rallied... Read more

Moving averages are the most basic technical indicators available to traders. The most basic of all the moving averages, the Simple Moving Average (SMA), is just an average of the... Read more

Recent US economic data can be used an indicator to help estimate non-farm wage reports in general. This week’s data included record highs on the ISM services index, along with... Read more

A new month and more signs that European economies are recovering fast, with the manufacturing sector increasingly struggling to cope with the jump in demand and services benefiting from the... Read more

The US Dollar moved slightly higher following the ADP jobs data, which saw private payrolls rise a much higher than expected 978k. USDJPY topped at 109.89, up from 109.80, while... Read more

GBPUSD, H1 The UK’s final May composite PMI was unexpectedly revised higher, to 62.9 from the preliminary estimate of 62.0. The headline is a new record high for the data... Read more

Market News Today – USD grinds higher awaiting jobs data today & tomorrow. .  USDIndex spiked to 90.20 yesterday back to 90.00 now. Equity markets edged out gains (USA500 +6... Read more