USD/CAD faces fragile barricades around 1.3300 ahead of US/Canada labor market report

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

USD/CAD faces fragile barricades around 1.3300 ahead of US/Canada labor market report – by Sagar_Dua24 USDCAD Oil Employment RiskAversion DollarIndex

Contrary to the sell-off in the USD Index, 10-year US Treasury yields have jumped to near 3.96%.

Contrary to the sell-off in the USD Index, 10-year US Treasury yields have jumped to near 3.96%. As per the CME Fedwatch tool, more than 88% chances are in favor of a 25 basis point interest rate hike to 5.25-5.50%. On the Canadian Dollar front, investors will also await labor market data, which will release on Friday at 12:30 GMT. As per the estimates, the labor market added fresh 20K employees in June vs. a lay-off of 17.3K payrolls. Theis expected to increase to 5.3% against the 5.2% released last month. Apart from payroll figures, investors will focus on the Average Hourly Earnings data.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 14. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités