US job growth jumped in December, with the economy adding 256,000 jobs. The US unemployment rate eased to 4.1%. Canada’s economy added 90,900 jobs compared to forecasts of 24,900. The USD/CAD forecast shows a slightly bullish bias as traders balance the upbeat employment reports from Canada and the US. The pair rose on Friday as...
The US economy added a bigger-than-expected number of jobs in December. US unemployment fell, indicating a resilient labor market. Core inflation in Australia eased, boosting RBA rate cut bets. The AUD/USD weekly forecast points south amid increasing RBA rate cut bets and lower expectations for Fed rate cuts. Ups and downs of AUD/USD This week,...
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