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Canadian Dollar Falls on Weak Jobs Data, Ignores Saudi Aramco IPO

The Canadian dollar today fell against its US peer following the release of disappointing jobs data, which missed expectations by a considerable margin. The loonie erased all of the gains made against the greenback earlier this week amid the highly anticipated Saudi Aramco IPO.

Euro Falls on Mixed Trade Headlines, Rallies on Weak US Jobs Data

The euro today fell amid conflicting trade headlines as investors continued to wonder whether the US and China would seal a phase one deal any time soon. However, the EUR/USD currency pair rallied higher in the early American session after the latest US jobs data released by the ADP missed expectations by a wide margin.

Euro Falls Despite Multiple Upbeat Euro Area Inflation and Jobs Reports

The euro on Friday fell against the US dollar to continue trading within the tight range that has held for the past four days as it remained under pressure. The EUR/USD currency pair fell despite the release of the upbeat preliminary eurozone consumer price index data for November earlier today.

Australian Dollar Sinks After Extremely Poor Employment Data

The Australian dollar fell sharply against all of its most-traded rivals today after employment data came out much worse than was expected. Analysts argued that the negative data bolstered the case for the Reserve Bank of Australia to lower interest rates to new record lows. Disappointing macroeconomic indicators in China, Australia’s biggest trading partner, weakened the currency further.

Aussie Bounces Sharply After Unemployment Drops Unexpectedly

The Australian dollar climbed after the release of Australia’s employment data that showed an unexpected drop of the unemployment rate. The currency erased yesterday’s losses against most-traded rivals and managed to erase losses for the whole week versus the US dollar.

Pound Falls on Weak UK Construction PMI, Rallies on New Brexit Proposals

The British pound today recovered from its daily lows and rallied higher in the late London session as details emerged of a new Brexit proposal by the British government. The European Union’s positive response to the proposals boosted investor confidence in the pound, causing it to rally higher despite the weak UK PMI released earlier today.

Aussie Tumbles as Markets Digest Fed’s Rate Cut, Australia’s Employment Report Doesn’t Help

The Australian dollar tumbled today, being one of the worst-performing currencies during Thursday’s trading session. The Aussie dropped along with other commodity currencies as markets were digesting yesterday’s hawkish interest rate cut by the Federal Reserve, though the seemingly good domestic employment report had parts that also could have a negative impact on the currency.

Euro Stable Despite Poor Eurozone Data, ECB Policy Outlook

The euro fell a bit versus some rivals but was about flat versus most of them on Tuesday. That was a surprisingly good performance considering that eurozone macroeconomic data released during Tuesday’s session was universally bad. The monetary policy outlook was also negative for the currency.

Canadian Dollar Rallies with Help of Domestic & Global Fundamentals

The Canadian dollar gained today, joining other commodity currencies in a rally. While the positive general sentiment on the Forex market undoubtedly helped the currency, it also had its own reasons to rise.

Euro Recovers as US NFP Report Misses by a Wide Margin

The euro today rallied from its daily lows after the release of the disappointing US non-farm payrolls report in the early American session. The EUR/USD currency pair had been under intense selling pressure following the release of weak German industrial production data earlier today.

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