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Forex
Australian Dollar falls after weak NFP data fuels risk aversion
Australian Dollar weakens as disappointing US labor data increases risk-off sentiment.
US NFP report came in below forecasts, while wages slowed, raising…
AUD/JPY Price Analysis: Bears extend control, but downside momentum weakens
AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area.
Selling momentum appears to be…
Walmart finishes last among Dow Jones members on Friday as tariffs frustrate global supply chain
Walmart ends Friday session down 3.1%.
Executives are getting pushback from Chinese suppliers when asking for discounts.
Trump paused most tariffs on…
CAD steady to slightly lower on temporary tariff relief – Scotiabank
The CAD is a moderate underperformer on the session, easing slightly alongside its commodity peers amid fragile risk appetite, Scotiabank's Chief FX Strategist…
Breaking: US Nonfarm Payrolls rise by 151,000 in February vs. 160,000 forecast
Nonfarm Payrolls (NFP) in the US rose by 151,000 in February, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 125,000…
Pound Sterling outperforms US Dollar as US NFP, wage growth miss estimates
The Pound Sterling strengthens against the US Dollar to near 1.2940 as US labor demand misses estimates.
US President Trump exempted tariffs on the import…
EUR extends gains for best week versus the USD since 2009 – Scotiabank
The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the EUR’s best weekly performance since 2009, according to…
Canada Unemployment Rate holds steady at 6.6% in February vs. 6.7% expected
The Unemployment Rate in Canada remained unchanged at 6.6% in February.
USD/CAD trades in positive territory above 1.4350 after the data.
The Unemployment…
GBP firm but lags EUR – Scotiabank
Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific…
Recession risks rise for US, Canada and Mexico – Reuters
A Reuters poll showed that 70 of 74 economists surveyed suggest that risks for the Mexican, Canadian and American economies are piling up amid United States…