TD Securities: Focus Shifts to Payrolls Amidst Softening Economic Data
TD Securities’ Global Strategy Team anticipates a modest increase of 45k in January Nonfarm Payrolls, falling short of the 70k…
Tag: Labor Market
Canadian EconomyCurrency TradingEconomic News / Market NewsForex / FX Market AnalysisMonetary Policy (for the Fed remarks)
Markets Process Fed Remarks and Mixed Canadian Data, USD/CAD Holds Around 1.4100
On Friday, the Canadian Dollar (CAD) exhibited stability against the US Dollar (USD), with the USD/CAD pair trading near the…
Fed’s Logan Signals Hesitancy on Another December Rate Cut
During her address at “The SNB and its Watchers 2025” Conference in Zurich, Dallas Federal Reserve President Lorie Logan articulated…
XAU/USD Advances Above $4,100, Awaiting Delayed US September NFP Report
Gold price (XAU/USD) is attracting buyers, trading around $4,110 during the early Asian session on Thursday. The precious metal is…
NZD/USD Maintains Strength Above 0.5600 Following PBOC’s Unchanged Rates
The NZD/USD pair is recouping some losses, trading around 0.5605 during the early European session on Thursday. However, the pair’s…
AUD Finds Support as RBA’s Hunter Delivers Cautious Commentary
The Australian Dollar (AUD) is holding firm against the US Dollar (USD) on Thursday, following the People’s Bank of China’s…
Gold’s Upside Capped, But Downside Contained Ahead of Fed Minutes
Gold (XAU/USD) is paring earlier gains on Wednesday as a strengthening US Dollar (USD) limits its upward movement. At the…
BoJ’s Koeda Notes Overall Solid Economic Indicators for Japan
Bank of Japan (BoJ) board member Toyoaki Koeda stated on Thursday that Japan’s underlying inflation is currently approximately 2%. This…