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Canadian dollar recoups weekly loss as investors shrug off jobs decline - Vimarsana News

Canadian dollar recoups weekly loss as investors shrug off jobs decline

investors weighed U.S. and Canadian employment data, with the currency recovering from its weakest intraday level in more than one week. greenback, or 82.82 U.S. cents, having recovered from its weakest level since May 27 at 1.2133 earlier in the session. It was nearly unchanged for the week. Canada lost 68,000 jobs in May, a bigger decline than expected, as lockdowns imposed to curb a harsh third wave of COVID-19 continued to weigh on the economy, Statistics Canada data showed. it looks and overall the Canadian dollar isn’t going to be flustered by a lockdown-induced soft number,” said...

Euromoney FX returns still possible despite commodity/currency disconnect - Vimarsana News

Euromoney FX returns still possible despite commodity/currency disconnect

Sceptics may express concern about the disconnect between commodity prices and the value of commodity-linked currencies, but analysts reckon there is still value in the likes of the Mexican peso, Brazilian real and Australian dollar Under normal circumstances there is a strong correlation between the price of commodities and the strength of a commodity-linked currency. As we have previously reported, when crude oil prices weakened in late 2018 the Australian and Canadian dollars both experienced double digit falls. But a JPMorgan research note published on May 7 pointed to a significant decou...

The USD is the strongest and the NZD is the weakest as NA traders enter for the day - Vimarsana News

The USD is the strongest and the NZD is the weakest as NA traders enter for the day

GMT The USD is the strongest and the NZD is the weakest as NA traders enter for the day Technical Analysis Stocks are getting hammered in pre-market trading As the North American session gets underway, the USD is the strongest, the NZD is the weakest of the major currencies.  US stocks are sharply lower as traders await the Fed minutes. Back when the Fed decision was imminent, Adam Button posted "This is probably a rare FOMC meeting where the minutes matter more than the statement". Today's that day and the market is jittery of words that may be a little more hawkish than what has been exp...

Adnams, Greene King and Calvors on pubs reopening | East Anglian Daily Times - Vimarsana News

Adnams, Greene King and Calvors on pubs reopening | East Anglian Daily Times

He said: "It will continue for a little while. Because even with all of the openings, there still will be a lot of people who don't necessarily feel 100% comfortable going out. And they might just stick to smaller family barbecues to see people."  Fergus Fitzgerald, head brewer at Southwold-based Adnams, said the brewery had been taken aback by the success of the first reopening and is now catching up. Fergus Fitzgerald, Adnams head brewer - Credit: Adnams "It's been very busy building stock back up," he said. "The April reopening went way better than expected so we needed to catch up.

Source: eadt.co.uk
Investing.com Weekly Wrap-Up 07May 2021 - Vimarsana News

Investing.com Weekly Wrap-Up 07May 2021

U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.66% to hit a new all time high, while the S&P 500 index climbed 0.74%, and the NASDAQ Composite index gained 0.88%. Please share this article - Go to very top of page, right hand side, for social media buttons. The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 3.24% or 4.32 points to trade at 137.81 at the close. Meanwhile, Boeing Co (NYSE:...