The Canadian dollar attempted to rally against its major rivals today. While the currency managed to log gains against most of them, the rally was limited, and the loonie was unable to outperform the extremely strong Swiss franc.
Employment — News Archive
Canadian Dollar Attempts to Rally Following Rising Prices for Crude
June 20, 2019 at 16:00 Canadian Dollar
Australian Dollar Weak After Release of Employment Data
June 13, 2019 at 12:23 Australian Dollar
The Australian dollar was weak today, falling for the seventh consecutive trading session against the euro, following the release of employment data in Australia. While the report was not entirely bad, the market preferred to focus on the bad part.
Pound Rallies on Upbeat Jobs Data Amid Leadership Concerns
June 11, 2019 at 16:32 Great Britain Pound
The British pound today rallied higher following the release of upbeat UK jobs data in the early London session despite the political uncertainty in the country. The GBP/USD currency pair’s rally was limited by investor fears that a pro-Brexit leader could succeed Theresa May as Prime Minister and push for a hard Brexit.
Canadian Dollar Rallies After Good Jobs Data
June 7, 2019 at 20:46 Canadian Dollar
The Canadian dollar rallied today after the release of domestic employment data. The currency logged especially big gains versus its US counterpart as US jobs data was far worse than the Canadian one.
Euro Drops From Post-US ADP Highs on Upbeat US Services PMI
June 5, 2019 at 17:47 Euro
The euro today fell from almost 7-week highs against the greenback triggered by weak US employment data following the release of upbeat US services PMI data. The EUR/USD currency pair rallied to the new highs driven by upbeat market sentiment and disappointing US ADP employment change report before falling to new lows.
Australian Dollar Falls After Unemployment Rate Rises
May 16, 2019 at 15:09 Australian Dollar
The Australian dollar fell today following the release of employment data. While the report had both positive and negative parts, markets preferred to focus on the negative ones. Additionally, the monetary policy outlook worsened.
Euro Hits New Weekly Lows on Mixed Eurozone Q1 GDP Data
May 15, 2019 at 13:36 Euro
The euro today fell to new lows against the US dollar following the release of disappointing German and eurozone GDP growth data in the early European session. The EUR/USD currency pair failed to rally higher following the release of weak US retail sales data in the early American session as investor risk appetite remained subdued.
Canadian Dollar Jumps on Stellar Employment Data
May 11, 2019 at 0:54 Canadian Dollar
The Canadian dollar climbed on Friday after employment data demonstrated a shockingly good result for April. The disappointing housing report had hardly any impact on the currency.
NZ Dollar Edges Higher After Wednesday’s Slump
May 2, 2019 at 11:07 New Zealand Dollar
The New Zealand dollar edged higher today following yesterday’s huge slump even though macroeconomic data released during today’s trading session was negative. The plunge during the previous session was caused by worse-than-expected jobs data.
Euro Drops on Upbeat US ADP Jobs Data, Rallies on Weak PMI Print
May 1, 2019 at 15:22 Euro
The euro today rallied against the US dollar for the fourth consecutive session despite the lack of releases from the European docket due to the labour day holiday. The EUR/USD currency pair today rallied higher from the early European session as investors adopted a wait and see attitude towards the greenback ahead of the FOMC interest rate decision.