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Earlier today, New Zealand printed a weaker than expected jobs report that dragged the Kiwi lower. Can NZD/USD still bounce off this nearby support zone with U.S. data coming up?
USD/CHF is reacting to a resistance ahead of the FOMC decision and Friday’s NFP report release! Will the pair pull back down before extending its breakout?
The New Zealand economy unexpected lost 0.2% jobs quarter-on-quarter in Q1 2024, bringing the unemployment rate up from 4.0% to 4.3% during the period.
The weaker-than-expected Canadian GDP release coincided with a stronger-than-expected U.S. employment cost index report. How did CAD react to the event?
It was a good day to be a dollar bull, as the U.S. currency staged a steady climb across the board, even before top-tier U.S. reports were released.