February 9, 2014
The USD fell against the CAD on Friday after a stronger than expected Canadian jobs report for January dampened the possibility for a rate cut by the Bank of Canada. USD/CAD hit 1.09661 the weakest since January 22 and was last down to 1.1031. Currently the bias remains on the downside this week and a… View Article
February 7, 2014
Weekly round up Monday 03/02/2014 We had stock indices globally falling a lot, S&P was down 2.3% and Dow 2.1%. Nikkei fell 4.2% in the Asian session. Currencies were a bit of a mixed bag, EURUSD slightly up (9pips), GBPUSD slightly down (42pips) and USDJPY down (25pips) Main features ISM Manufacturing 51.3 vs 57.0, biggest… View Article
February 7, 2014
Today we have the release of the eagerly awaited Non Farm Payroll report at 13:30 GMT. Last months release of the report was well below expected at 74K, although this was largely put down to the weather at the time. The street is predicting a number of 180K for today’s data, although some analysts are… View Article
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