The Canadian dollar was soft today, falling after mixed macroeconomic releases in Canada. Macro reports revealed that last month new house prices have been rising but employment demonstrated a significant decline.
Employment — News Archive
Aussie Rallies After Employment Data, Fails to Gain on Pound
February 18, 2021 at 11:44 Australian Dollar
The Australian dollar rose today after the release of a positive employment report in Australia. The gains were limited against most rivals, though, and the Aussie failed to rally versus the Great Britain pound.
NZ Dollar Flies to Top After Employment Data Beats Expectations
February 3, 2021 at 8:11 New Zealand Dollar
The New Zealand dollar was the strongest currency on the Forex market during Asian and European hours of Wednesday’s trading after the release of better-than-expected employment data in New Zealand. Other news was positive for the kiwi as well for the most part, except for China’s disappointing services PMI.
Australian Dollar Mixed Despite Decent Employment Data
January 21, 2021 at 19:56 Australian Dollar
The Australian dollar was soft today despite decent domestic employment data. While the Aussie managed to rise a little against few rivals, the currency dropped against the majority of its counterparts.
Canadian Dollar Trails Resurgent US Peer on Disappointing Jobs Data
January 8, 2021 at 16:02 Canadian Dollar
The Canadian dollar today lost ground against the dollar for the third consecutive session despite rising global crude oil prices as the greenback rallied. The USD/CAD currency pair edged higher for the third consecutive session following the release of disappointing employment reports from both Canada and the US.
Pound Falls Against Dollar As UK Lockdown Seen Lasting Up to Easter
January 6, 2021 at 15:22 Great Britain Pound
The Sterling pound today fell against the dollar after initially inching higher when it became clear that the UK coronavirus lockdown could stretch up to Easter. The GBP/USD currency pair fell as market sentiment towards the pair shifted to bearish, causing a major selloff despite the relatively weak dollar.
Australian Dollar Flat Despite Amazing Employment Data
November 19, 2020 at 7:59 Australian Dollar
The Australian dollar did not move far today as markets were in a consolidation mode after optimism caused by the coronavirus vaccine news started to wane. Even the stellar jobs report failed to boost the Australian currency.
Euro Rallies Against Dollar as Biden Maintains US Election Lead
November 4, 2020 at 21:15 Euro
The euro today oscillated between gains and losses as US election officials continue to count votes in the tightly-contested US Presidential elections. The EUR/USD currency pair fell earlier today after President Donald Trump threatened to use the Supreme Court to stop vote-counting in some states.
Aussie Falls vs. Rivals After Employment Report, Lowe’s Speech
October 15, 2020 at 10:52 Australian Dollar
The Australian dollar was weak today, falling against all most-traded rivals, even commodity currencies. Market analysts listed the following reasons for the decline: risk aversion on markets due to concerns that US politicians may fail to agree on a coronavirus relief package ahead of the presidential election, unfavorable Australian employment data, and comments from the Australian central bank’s chief that boosted bets on additional monetary easing.
Canadian Dollar Rallies Against US Peer on Upbeat Jobs Data
October 9, 2020 at 19:10 Canadian Dollar
The Canadian dollar today rallied against its US peer fueled by the positive Canadian jobs report and the upbeat investor sentiment. The USD/CAD fell for the third straight session as the commodity-linked loonie rallied higher capitalising on the greenback’s weakness over the same period.