Month: December 2023

–The DXY Index will end a 0.75% winning week after rising above the 20-day SMA and closing at 104.05.-The November US Nonfarm Payrolls and Average Hourly Earnings both increased. The rate of unemployment decreased.-US CPI inflation data is expected on Tuesday of next week. Due in large part to strong labor market data and a

On Friday, the Canadian dollar (CAD) recovered from short-term losses and gained ground across the FX spectrum. Even yet, following the US Nonfarm Payrolls (NFP) for November surprised to the upside, investors are readjusting their positions and expectations, and gains are still slim and the charts are still erratic. Canada provided very little noteworthy economic