empty
 
 
05.04.2019 07:52 AM
Fundamental Analysis of USD/CAD for April 5, 2019

Today the US Labor Department is due to release a Non-Farm Employment Change for March. The data of crucial importance will determine the direction of USD/CAD in the coming days. Recently USD has been dominated by CAD which made the pair to trade with higher volatility and indecisiveness.

The US employment in the public and private sectors is expected to bounce in March following the lowest level in 17 months in February. Indeed, certain sectors like construction expanded significantly. The consensus suggests that the US economy added about 171,000 jobs in March. This is a notable increase after minor employment growth of 20,000 jobs in February. Another important criterion for investors is average hourly earnings which are expected to edge down to 0.3% from the previous value of 0.4% while unemployment rate could remain flat at 3.8%.

This image is no longer relevant

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $6000 más!
    ¡En Diciembre, sorteamos $6000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback