Will the USD grow with the US labor market?
The US unemployment claims are out on Thursday at 15:30 MT time.
GBP: April gains undone
Information is not investment advice
The GBP/USD currently is testing 1.2390 - that's where it started its April march upwards. In other words, the victories of the previous month are written off for this currency pair. What does it mean?
Analyst comment that May is a seasonally low month for the GBP against the US dollar in particular. The fact that the British pound opened the month in such a weak way probably means that the entire month will be like that for this currency pair, if not further in the same direction. If that's the case, prepare for the GBP/USD to hit the support of 1.2267 very possibly within a week or so. "Risk-off" is a password so far for this currency pair.
Similar
The US jobless claims!
The US unemployment claims are announced on Thursday at 15:30 MT time.
Will the Canadian dollar rise?
The Canadian monthly GDP is announced on Wednesday at 15:30 MT time.
Popular
A trigger for loonie’s breakout
Take the opportunity and follow the release of Canadian GDP on January 29, at 15:30 MT time!
Markets ahead Fed’s meeting
Read a short market wrap with daily recommendations on major pairs!
Did the US economy end the year with a bang?
The US will publish the advance GDP for the fourth quarter of 2020 on January 28, at 15:30 MT time.
Choose your payment system
