
Canadian Dollar Hits 10-Week High on Strong Jobs Report
The Canadian dollar surged to a 10-week high against its U.S. counterpart after a surprisingly strong jobs report showed the economy added 53,600 positions.
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The Canadian dollar surged to a 10-week high against its U.S. counterpart after a surprisingly strong jobs report showed the economy added 53,600 positions.

The euro is trading in a tight range against the dollar as weak German economic data is offset by rising expectations for a U.S. Federal Reserve rate cut.

Gold prices fell to $4,066.60 an ounce as the U.S. dollar strengthened and market expectations for a December Federal Reserve rate cut dropped from 49% to 33%.

The Pound Sterling is trading steadily against the US Dollar as investors await key economic data on jobs and inflation that could influence central bank rate decisions.

Gold prices stabilized after two days of losses, driven by reduced expectations for a Fed rate cut. Despite short-term dips, gold is up 55% this year, heading for its best annual performance since 197

Gold futures surged above $4,200 per ounce after the government shutdown ended, marking a significant price increase and highlighting gold's role as a safe-haven asset amid economic data uncertainty.

The EUR/USD is holding steady near 1.1560 as a potential U.S. government shutdown deal bolsters the dollar, while ECB policy supports the euro.

Wall Street finished a volatile week with its first weekly loss in a month, as tech stocks wavered and a government shutdown withheld key economic data.

The U.S. Dollar is recovering after a sharp drop fueled by a 20-year high in monthly job cuts, which increased bets on a Federal Reserve rate cut.

U.S. stock indices fell sharply, led by a 2% drop in the NASDAQ, as a tech sector reversal and layoff concerns spooked investors ahead of key jobs data.

Global markets are in a holding pattern as investors cautiously await key U.S. jobs data and signals from the Federal Reserve, impacting the dollar, gold, and stocks.

The U.S. dollar is holding firm as traders reassess the odds of a December Fed rate cut, leading to a tense, data-dependent foreign exchange market.