ہمارے بہترین اسپریڈز اور شرائط
پلیٹ فارم کے بارے میں
ٹریڈنگ خبریں
Back
7 Mar 2014
USD/CAD soars after US and Canada jobs data
FXStreet (Córdoba) - The USD/CAD soared to fresh highs after the latest string of nonfarm payrolls data showed the US created more jobs than expected in February, while Canada missed expectations.
While the US added 175,000 new jobs in February versus 149,000 expected, Canada shed 7,000 against a 15,000 gain expected. The USD/CAD rose more than 100 pips after the data and reached a high of 1.1080, erasing previous weekly losses in a matter of minutes.
USD/CAD technical levels
At time of writing, the USD/CAD is trading at the 1.1075 zone, recording a 0.8% gain on the day, with next resistances lining up at 1.1100 (psychological level) and 1.1117 (Mar 4 high). On the other hand, supports could now be faced at 1.1045 (20-day SMA) and 1.0975 (Mar 7 low).
While the US added 175,000 new jobs in February versus 149,000 expected, Canada shed 7,000 against a 15,000 gain expected. The USD/CAD rose more than 100 pips after the data and reached a high of 1.1080, erasing previous weekly losses in a matter of minutes.
USD/CAD technical levels
At time of writing, the USD/CAD is trading at the 1.1075 zone, recording a 0.8% gain on the day, with next resistances lining up at 1.1100 (psychological level) and 1.1117 (Mar 4 high). On the other hand, supports could now be faced at 1.1045 (20-day SMA) and 1.0975 (Mar 7 low).