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Australian Dollar Emerges Strongest After Employment Report

The Australian dollar rallied against all other of its most-traded rivals, even the Japanese yen, which itself was rather strong. The main reason for the Aussie’s great performance was a surprisingly good domestic employment report, which improved the outlook for monetary policy a bit. Even risk aversion prevailing on the market was unable to stop the Australian currency from rallying.

Great Britain Pound Strongest After Employment Report

The Great Britain pound was the strongest major currency on the Forex market today. The reason for the sterling’s stellar performance was the employment report, which showed record employment among Britons.

Euro Falls on Risk-Off Mood, Ignores German CPI Data, Later Recovers

The euro today fell against the US dollar driven by the risk-off sentiment that ensued after the US killed a top Iranian general earlier today spooking investors. The EUR/USD currency pair ignored the release of upbeat German inflation data but later recovered as the greenback lost momentum in the American session.

Pound Crashes as Johnson’s Government Pushes for Hard Brexit

The Sterling pound today crashed against the US dollar amid fears that Boris Johnson‘s government was pushing for a hard Brexit despite his parliamentary majority. The GBP/USD currency pair today fell to its pre-election lows as investors sold the pair following the release of a mixed UK jobs report ahead of Friday’s Brexit bill tabling.

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 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.

Swiss Franc Strengthens Amid Fall in Import, Producer Prices

The Swiss franc is strengthening against a myriad of currencies on Thursday, buoyed by a decline in import and producer prices. Low unemployment and larger foreign exchange reserves have contributed to the franc’s gains as of late. But there is more than just data that is spurring global interest in the country right now: coffee.

NZ Dollar Weakest on FX Market After Rise of Unemployment Rate

The New Zealand dollar was the weakest most-traded currency on the Forex market today following the unexpectedly big increase of the unemployment rate reported earlier this week. The positive trade data in China, New Zealand’s biggest partner, and optimism about the US-China trade negotiations did not help the currency.

Japanese Yen Weakens As Manufacturing Contracts, Jobless Rate Rises

The Japanese yen is slipping against most major currency rivals to start the trading week, driven by considerable weakness in the nation’s manufacturing sector, housing industry, and labor market. Although Tokyo had experienced some positive economic data early last week, these were offset by bearish trends throughout the economy.

Euro Trades Sideways on Mixed US GDP and Upbeat German CPI

The euro today traded sideways against the US dollar following the release of mixed US GDP data in the early American session. The EUR/USD currency pair fell slightly on the upbeat US releases, but its decline lacked conviction following the release of upbeat German consumer data.

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