Stocks bounce back, Canadian dollar drops after jobs miss
U.S. stocks rebounded Friday, but weak Canadian jobs data and higher inflation expectations weighed.
Sydney public holiday thins AUD liquidity on Monday; ASX open, data calendar light.
Traders focusing on the Australian dollar should note that Sydney is observing a public holiday today. The ASX remains open as usual, though AUD liquidity will be somewhat reduced because market participants in Sydney are away.
Economic data scheduled for release today is not anticipated to have a significant immediate impact.
To avoid confusion caused by the similar flag designs, I have separately listed the data releases for New Zealand and Australia.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
U.S. stocks rebounded Friday, but weak Canadian jobs data and higher inflation expectations weighed.
The US dollar fell alongside tech stocks after a report showed OpenAI revenue below expectations, suggesting a potential shift in AI bubble dynamics.
USDCHF has stayed within a band of about 50 pips since midday Monday, with moving averages near 0.8322 signaling an absence of trend.
Canada lost 68,300 jobs in September, far worse than expected. USDCAD spiked but failed to hold above 1.42928, now trading near 1.4280.