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BBH FX analysts predict the Canadian dollar will weaken, pushing USD/CAD towards 1.3900 soon.
The Canadian Dollar faces pressure at 1.3900 as anticipated job losses loom. Traders can capitalize on volatility ahead of today’s labor report, while a hawkish Bank of Canada may stabilize the CAD. – vtmarketsmy.com
Written on January 9, 2026 at 3:26 pm
Categories: Live Updates
Canadian employment figures are expected soon, with anticipated job losses affecting USD/CAD rates.
Canada’s unemployment rose to 6.8% in December, exceeding expectations. Wage growth slowed, raising concerns about the economy and the potential for rate cuts by the Bank of Canada. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 pm
Categories: Live Updates
A retest of the 0.6680 level for the Australian dollar is expected before recovery starts.
The Australian Dollar (AUD) is expected to retest 0.6680 before bouncing back, while trading between 0.6655 and 0.6745. Traders may explore strategies like iron condors or bull call spreads amidst fluctuating market conditions. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 pm
Categories: Live Updates
The Japanese Yen drops sharply as USD/JPY hits a high of 157.75 due to widespread weakness
The USD/JPY hits a year-high amid a weakening Yen, influenced by geopolitical tensions and differing US-Japan interest rates. Traders eye opportunities and risks in this volatile currency landscape. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 pm
Categories: Live Updates
Portugal’s trade balance improved from €-8.458 billion to €-7.543 billion in November
Portugal’s trade deficit shrank to €7.543 billion in November, hinting at stronger exports. Meanwhile, volatility is expected in markets as investors await crucial US labor data and shifts in oil dynamics. – vtmarketsmy.com
Written on January 9, 2026 at 2:26 pm
Categories: Live Updates
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