Forex Top Team

Waiting Continues, Impact of Crude Oil Highs – USD/JPY Firmly at 147 Yen

As we approach the release of the results of tomorrow’s FOMC meeting, the early part of the week is likely to continue with a wait-and-see stance. USD/JPY has risen into the 147 yen range, and trading is consolidating in this range amid mixed buying and selling. One notable development is the rise in crude oil […]

Canada’s August Unemployment Rate Matches Expectations, Strong Job Growth Lifts the Canadian Dollar

Canada’s unemployment rate for August remained at 5.5%, matching expectations and defying predictions of a rise from July. Job growth for the month was impressive, with an increase of 39,900 employed individuals, a significant improvement from July’s decrease of 6,400. This better-than-expected job growth indicates an improvement in Canada’s labor market. The positive employment-related data […]