Tag Archives: Employment

USD/JPY sees upside above 135.50 despite lower consensus for the US Inflation

USD/JPY is expected to witness more gains if the asset oversteps 135.50 decisively. Fed’s intention to elevate interest rates will remain intact despite lower US CPI print. The BOJ is committed to bringing pre-pandemic growth rates. The USD/JPY pair is addressing an inventory distribution phase after a perpendicular upside move from the critical support of… Read More »

USD/CAD consolidates gains above 1.2900 as DXY retreat, oil price rebound ahead of US inflation

USD/CAD remains mildly offered while paring the biggest daily gains in three weeks. US dollar retreats amid sluggish session, oil prices cheer firmer China trade numbers, easing fears surrounding Taiwan. Canada jobs report failed to favor bulls but US NFP propelled hawkish Fed bets. US inflation will be important data for the week, risk catalysts… Read More »

USD/CHF bulls struggle above 0.9600, Swiss Unemployment, US inflation eyed

USD/CHF grinds higher after posting the first weekly gains in three. US dollar bulls await fresh signals to extend post-NFP rally, hawkish Fed bets favor greenback buyers. Swiss Unemployment Rate for July will direct intraday moves, US-China tussles over Taiwan could also entertain traders.   USD/CHF remains sidelined around 0.9625-20, struggling to extend Friday’s gains… Read More »