Canadian job data may push the CAD up
Canada will release the employment change and the unemployment rate on October 9, at 15:30 MT time.
Greenback declines in Asia on lack of Fed views
On Monday, the evergreen buck held weaker versus the Japanese yen in Asia because traders failed to get some signs from the key US bank at the weekend on policy as well as the economic impact of the huge Hurricane Harvey in Texas was still being estimated.
Measuring the greenback’s value against a trade-weighted basket of six crucial currencies, the US dollar index lost 0.02% being worth 92.45.
The currency pair USD/JPY hit 109.18 sliding 0.17%. AUD/USD reached 0.06% soaring to 0.7939, EUR/USD declined 0.02% being worth $1.1923. As for GBP/USD, this pair rallied 0.04% trading at 1.2884.
The previous week, the evergreen buck dived versus a basket of the other key currencies on Friday and demonstrated its lowest value versus the common currency in more than two years because market participants digested speeches by global major bank governors.
The US dollar index has declined about 10% so far this year amid everlasting uncertainty over the economic agenda of Donald Trump as well as doubts that the Fed is going to deliver a third rate lift this year.
Similar
Keep an eye on US inflation data
The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Canadian GDP: the end of loonie’s consolidation?
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
Latest news
Final debate and stimulus talks are in focus
Three main drivers of the market: the stimulus package, the US presidential election and the coronavirus. Let's look how market reacts.
GOOGLE: in the crosshairs
The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
All attention to Euro
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!
Deposit with your local payment systems
