Financial and Business News
In May, job growth totaled 559.000, below market expectations. According to analysts at Wells Fargo,
Analysts at MUFG Bank point out that the correlation between the US dollar and US
AUD/USD managed to find some support near the 0.7645 region amid oversold conditions. Thursday’s upbeat
Unemployment Rate in Canada rose to 8.2% in May as expected. USD/CAD stays little changed
Factory Orders in US declined at a stronger pace than expected in April. US Dollar
In its latest sovereign credit review, S&P Global ratings revised the outlook for Australia to
NZD/USD is pressing against a critical daily resistance. The daily 21-EMA is under pressure, failures
Bank of Japan (BOJ) officials predict a weaker Japanese economic outlook for April due to
China's Trade Balance for May, in Yuan terms, came in at CNY296 billion versus CNY330.98
MATIC price slipped below the 50% Fibonacci retracement level at $1.592 but is currently recovering.
