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Russian Ruble Gains on Calls for G7 Reinstatement

The Russian ruble is gaining on Thursday after renewed calls to reinstate Moscow into the G7. After being ousted from the group of eight economies over the annexation of Crimea in 2014, Russia might return to the table and engage with other economic powerhouses. Data is also lifting the ruble toward the end of the trading week.

NZ Dollar Retreats After Chinese Indicators Miss Expectations

The New Zealand dollar declined today following yesterday’s gains. While the positive news about the US-China trade conflict supported riskier commodity currencies yesterday, a big miss in some important Chinese macroeconomic indicators overshadowed the supportive fundamentals today.

Canadian Dollar Falls As Economy Sheds Jobs, Raises Unemployment Rate

The Canadian dollar is sliding against several major currency rivals to finish out the trading week. The loonie’s descent was driven by a mostly disappointing labor report that saw the economy experience its weakest three-month period of job creation in more than a year. Housing numbers were also down, though many of them were better than what the market had anticipated.

US Dollar Mixed As Economy Adds 164k Jobs, Faces Renewed Trade Tensions

The US dollar is mixed at the end of the trading week as a new lower-than-expected July jobs report highlighted how robust the national economy is as a diverse array of industries enjoyed gains and more people entered the workforce. But the greenback contended with renewed trade tensions between the US and China, which sent leading stock indexes into negative territory in the early part of the trading session.

Weak Employment Data Doesn’t Prevent Rally of Australian Dollar

Australian employment data came out today much weaker than was expected. Yet that did not prevent the Australian dollar from rising against the majority of its most-traded peers.

Australian Dollar Gains on China’s Data

The Australian dollar gained against its most-traded rivals today after the release of macroeconomic indicators in China, Australia’s biggest trading partner. While not all indicators were especially good, most of them were decent enough to support the Aussie.

Swiss Franc Strong amid Risk Aversion, Falling Unemployment

The Swiss franc, as well as other safe currencies like the US dollar and the Japanese yen, were extremely strong on Tuesday amid speculations whether the Federal Reserve will cut interest rates this year and how much. Domestic macroeconomic data was also supportive of the Swissie.

Canadian Dollar Firm After Surprising Bad Economic Data

The Canadian dollar was firm today even as domestic macroeconomic data was surprisingly poor. While the loonie fell versus its US counterpart, which itself got boost from positive domestic data, the Canadian currency was firm against other major rivals.

US Dollar Surges on Strong June Jobs Report

The US dollar is surging at the end of the holiday-shortened trading week, buoyed by a stellar June jobs report that defied market expectations and showcased employment gains in nearly every sector of the economy. But equities kicked off the trading session in the red because job creation dampened hopes of a cut to interest rates by the US central bank.

Euro Soft on Poor Manufacturing PMIs, Prospects for Stimulus

The euro was extremely weak today, falling against most of its major peers. One of the possible reasons for the slump was largely poor macroeconomic data released in the eurozone on Monday. Another one were comments from European Central Bank officials, which signaled that the ECB is ready to introduce more stimulus.

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