On January 5, 2026, the energy sector led the S&P, rising by 2.7%. This increase was due to improved US access to Venezuelan oil and potential redevelopment, not immediate supply disruptions. In 2025, Venezuela produced about 1.1 million barrels per day, making up 1% of global supply. This explains the stability in crude prices, even as equity markets fluctuate.

Refiners and Oilfield Services Companies

Refiners and oilfield services companies saw notable gains. Valero’s stock rose by 9%, with others increasing between 3% and 9%. US actions in Venezuela created unstable oil prices that ended up benefiting energy stocks. Investors are focusing on policy changes and long-term investments, rather than immediate oil supply issues. Refiners such as Valero and Phillips 66 saw increases of 5% to 15% due to their capacity to process heavy sour crude from Venezuela. Companies like Baker Hughes gained from the potential for infrastructure rebuilding. Integrated oil firms, including Chevron, which rose by 5%, benefited from favorable policy access. Possible political changes could allow firms like ConocoPhillips and Exxon to recover their assets. The energy sector includes integrated majors, producers, oilfield services, refiners, and midstream businesses. Investment strategies vary and emphasize geopolitical risks, infrastructure rebuilding, and the impact of stable oil supplies. Key concerns include policy uncertainty, project timelines, oversupply, and broader geopolitical effects. The market indicates this is more about stock performance than an immediate issue with crude oil supply. Crude prices have remained relatively steady, while volatility for refiners like Valero (VLO) surged past 50, significantly higher than the general oil volatility index. This suggests that traders should focus on equity derivatives where the real action is occurring.

US Gulf Coast Refiners and Trading Strategies

The best immediate opportunity lies with US Gulf Coast refiners, designed for the heavy sour crude produced by Venezuela. Before sanctions escalated in 2019, these refiners imported over 500,000 barrels per day of this crude, which they can process profitably. This is why buying short-dated call options on companies like Valero or Phillips 66 is a primary strategy, allowing investors to take advantage of expected margin increases. For a longer-term perspective, the oilfield services sector is worth considering. Venezuela’s output in 2025, approximately 1.1 million barrels per day, is just a fraction of its peak production of over 3 million barrels in the late 1990s. Restoring this capacity will require significant infrastructure investment, making longer-dated call options for companies like SLB and Halliburton appealing for a multi-year capital cycle bet. Since Venezuela’s current output is only about 1% of global supply, we don’t foresee a major shock to crude prices soon. This supports the idea that crude oil prices may remain stable, making strategies like selling strangles or iron condors on WTI futures suitable for collecting premiums. The risk is that geopolitical events could cause sudden price spikes, but for now, the supply and demand picture looks stable. We also need to monitor the crack spread, which indicates refiner profitability. The benchmark 3:2:1 crack spread has recently widened to over $35 per barrel, a level not seen consistently since mid-2025’s volatility. Traders can utilize futures to go long on refined products like gasoline (RBOB) while shorting crude oil (WTI) to take advantage of expanding refiner margins. Create your live VT Markets account and start trading now.

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Brazil’s IPC inflation rate rose to 0.32% in December, up from 0.2% the month before. This increase shows growing inflation pressure in the economy. In the financial markets, the EUR/GBP is nearing support at the 200-day moving average, while the GBP/USD is stabilizing near three-month highs around 1.3550. These currency shifts reflect the ongoing influence of global economic factors.

Gold Prices and Cryptocurrency Trends

Gold prices are holding steady, close to a one-week high, as geopolitical tensions related to Venezuela and the Russia-Ukraine conflict keep risks elevated. Solana’s price has jumped over 7% in the past week due to rising institutional interest in spot ETFs, leading to inflows exceeding $16 million. The global financial landscape is changing, with different expert forecasts. For 2026, some predict economic turbulence due to upcoming court decisions on trade tariffs. For traders, recommendations for top forex brokers in 2026 offer useful guides and insights. This information is for informational purposes only. It’s important to do thorough independent research before making market decisions. The data may contain errors, highlighting the risks associated with trading and investing. The recent rise in Brazil’s IPC inflation to 0.32% for December 2025 is something to monitor closely. Although this increase is small, it continues a trend of persistent price pressures from last year, making significant central bank rate cuts less likely. This suggests traders may want to consider strategies that position for a stronger or more stable Brazilian Real against currencies with more relaxed monetary policies.

Dominant Market Themes

A general weakness in the US Dollar is a major theme, driven by political uncertainty ahead of the Supreme Court’s ruling on presidential tariff powers. The US Dollar Index (DXY) has dropped over 4% from its late 2025 highs, and this trend may pick up if the court restricts those powers. We should prepare for further dollar weakness against major currency pairs in the coming weeks. Geopolitical risks continue to support gold prices near $4,465, following a flight-to-safety trend we saw in 2025. Tensions from the Middle East to Eastern Europe provide a solid base for the precious metal. Hedging portfolios with long positions in gold futures or call options is a smart strategy against ongoing instability. The British Pound is benefiting from this situation, trading near three-month highs against the dollar. This rise is aided by an improved risk mood and better-than-expected UK services PMI data from the fourth quarter of 2025. There’s potential for GBP/USD to reach even higher levels, making call options an appealing choice. The Euro is also stable with important German inflation data on the horizon. The successful pushback against rate cut expectations by ECB hawks late last year means a high inflation reading would strengthen their case. This increases the likelihood for EUR/USD to build on its recent gains. In digital assets, specific cryptocurrencies like Solana show strong momentum due to growing institutional interest. The steady inflows into spot SOL ETFs, averaging over $10 million daily last week, suggest this is more than just retail speculation. Utilizing volatility-based derivatives could capture SOL’s continued upward trend. Create your live VT Markets account and start trading now.

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The India HSBC Composite PMI for December dropped to 57.8 from last month’s 58.9. This change indicates a shift in the economic landscape between November and December. The context highlights market trends involving various currencies and commodities. For instance, gold is trading near a one-week high, and Solana’s price has risen above $137.

Market Movements

It also notes trading trends, such as the EUR/USD remaining stable around 1.1750 before the German inflation report. Other aspects, like geopolitical uncertainty affecting Dow Jones futures and fluctuating oil prices, are mentioned. Please remember that market-related content is only for informational purposes and is not financial advice. Before making any investment decisions, do thorough research and consider all associated risks. This legal note clarifies that this content should not be taken as a recommendation to trade specific assets. The latest HSBC Composite PMI for India indicates a slight slowdown, dropping to 57.8 in December 2025 from 58.9 the month before. A reading above 50 signals strong economic growth, but this reduction in momentum is significant. It suggests that the rapid expansion we observed in late 2025 may be leveling off. This slowdown follows the Nifty 50 index reaching record highs, surpassing the 24,000 mark in late December 2025. With valuations stretched, this dip in growth could lead to some profit-taking in the coming weeks. We should shift our strategies from being outright bullish to adopting a more cautious approach.

Strategies and Opportunities

For options traders, this market environment indicates a likely increase in volatility from its currently low levels. The India VIX has been around a low 14, making protective put options on the Nifty 50 an affordable way to safeguard long portfolios against a potential decline. Selling out-of-the-money call options or creating call spreads could also be effective strategies to generate income if we expect the market to remain flat. On the currency side, a possible slowdown in India’s economy could pressure the Rupee. Meanwhile, markets are closely watching for any delays in Federal Reserve rate cuts in the US, which could strengthen the US dollar globally. This makes long USD/INR futures or call options an appealing option to consider over the next few weeks. This outlook is supported by recent domestic inflation data, which remained elevated at 5.5% last month, above the Reserve Bank of India’s target. This ongoing inflation is likely to prevent the RBI from cutting interest rates to stimulate growth, removing a potential boost for the market. As a result, we expect the central bank to keep its current policy in the next meeting. Traders involved with Nifty 50 futures should be cautious about pushing for new highs. Instead, it’s wise to look for opportunities to take short positions on rallies that struggle to gain momentum. A drop below the important support level of 23,500 would signal a shift in short-term market sentiment. Create your live VT Markets account and start trading now.

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India’s HSBC Services PMI dropped to 58 in December, down from 59.1 in November. This indicates a slight slowdown in the growth of the country’s services sector. EUR/USD is expected to trade between 1.1695 and 1.1750. At the same time, Dow Jones futures fell as investors took profits amid geopolitical uncertainty.

Market Influences

Oil prices have been unstable, affected by the arrest of Maduro. In contrast, the gold market remained strong, hovering near a one-week high due to geopolitical tensions and speculation about possible Federal Reserve rate cuts. Solana saw notable growth, rising above $137 thanks to increased interest in spot ETFs. The asset had positive inflows exceeding $16 million on Monday, the highest recorded since mid-December. Looking ahead, several brokers for 2026 trading are being highlighted for their low spreads and high leverage. FXStreet offers a disclaimer, noting that investing in markets comes with various risks and uncertainties. After the tumultuous market activity in 2025, the new year is showing that volatility is likely to persist. The VIX index, which measures market fear, averaged over 25 in the last quarter of last year, well above its historical average. Derivative traders should consider strategies that benefit from price fluctuations, such as long straddles on major indices.

Safe Haven Assets

Geopolitical tensions are bolstering safe-haven assets, especially with rising concerns from Venezuela to the Middle East. As gold approaches $4,465, buying call options allows investors to take advantage of further price increases while clearly outlining their maximum risk. There has been a steady increase in net long positions in gold futures, indicating strong backing from institutional investors. The US Dollar remains weak, a trend that intensified in late 2025 when the Dollar Index dropped more than 3% in just one quarter. Fed funds futures currently suggest a greater than 70% chance of a rate cut by the end of March, which could exert more pressure on the Dollar. In this environment, buying futures or call options on pairs like EUR/USD and GBP/USD might be an attractive strategy. We are also noticing early signs of slowing growth in India, with the latest services PMI at 58. While this is still a solid number, it represents a significant decline from the rapid growth seen in 2025. This may slow the appreciation of the Indian Rupee, prompting caution for those holding aggressive short positions in the USD/INR pair. A key event coming up is the Supreme Court ruling on presidential tariff powers. The market overwhelmingly expects these powers to be overturned, which would likely lift equities. Traders might consider using inexpensive, out-of-the-money put options as a low-cost hedge against the small but impactful risk of an unexpected ruling. Create your live VT Markets account and start trading now.

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Gold prices in the Philippines went up on Tuesday, according to FXStreet data. The price reached 8,493.44 Philippine Pesos (PHP) per gram, up from PHP 8,451.43 on Monday. The cost for a tola increased to PHP 99,063.82, compared to PHP 98,575.80 the day before. For 10 grams, the price is PHP 84,932.68, and a troy ounce costs PHP 264,173.00.

Gold Pricing Mechanism

FXStreet sets these prices by converting international values (USD/PHP) to the local currency and updates them daily. These numbers are for reference, and actual local rates may vary slightly. Gold is often viewed as a safe investment during uncertain times, serving as a store of value and protection against inflation. Central banks hold the most gold, diversifying their reserves to strengthen their economies. In 2022, central banks purchased 1,136 tonnes, the highest amount ever recorded in one year. Gold usually has an inverse relationship with the US Dollar and US Treasuries. When the Dollar weakens, gold prices often rise, making it a safe-haven asset. Gold’s price is influenced by geopolitical events, interest rates, and the US Dollar’s strength, commonly quoted as XAU/USD. The recent increase in gold prices is part of a broader trend caused by a weakening US Dollar. The US Dollar Index recently fell below 101.5, marking a significant drop from its highs in late 2025. This makes gold more affordable for those holding other currencies, providing strong support for the precious metal.

Market Trends and Strategic Approaches

We are also noticing strong demand from institutional buyers, which helps maintain stable prices. Recent data from the World Gold Council showed that central banks, especially in emerging markets, continued to buy gold in the last quarter of 2025, continuing a multi-year trend. This consistent purchasing indicates a long-term strategy to move away from the dollar. In the coming weeks, market expectations around interest rates will play a crucial role. After last week’s weaker jobs report, the market now sees a 70% chance of a Federal Reserve rate cut by mid-year, contrasting sharply with the hawkish outlook in most of 2025. As a non-yielding asset, gold becomes more appealing when interest rates are expected to drop. For derivative traders, this environment makes long positions through call options on gold futures appealing. Buying March and April contracts allows traders to benefit from potential price increases while managing risk in a volatile market. The increase in implied volatility signals growing uncertainty about the global economy. Gold’s inverse correlation with risk assets also allows it to serve as a hedge for portfolios. With stock markets appearing overextended after their late 2025 rally, using bull call spreads on gold could be a smart move. This strategy helps protect against a possible stock market correction. We’ve seen similar conditions arise in the second half of 2024. Slowing economic data shifted Fed expectations, leading to a rally in gold. This shows how quickly market sentiment can favor safe-haven assets. The current market suggests a possibility of repeating that scenario. Create your live VT Markets account and start trading now.

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Gold prices in the United Arab Emirates went up on Tuesday. The cost per gram hit 527.46 AED, a rise from 524.83 AED on Monday. The price for gold per tola also increased to 6,152.18 AED from 6,121.50 AED the day before. These prices are based on international rates adjusted for the local currency and measurements by FXStreet.

The Role Of Central Banks

Central banks are the largest holders of gold. In 2022, they added 1,136 tonnes, worth $70 billion, to their reserves. Gold prices are affected by geopolitical instability, interest rates, and the strength of the US Dollar. When the Dollar is weak, gold prices usually go up, while a strong Dollar can keep prices stable. Gold prices are currently rising, which is a trend we should pay attention to. This small increase indicates larger tensions in the market. For traders dealing with derivatives, it’s time to evaluate the factors that could lead to a breakout. Central bank purchases remained very strong in the last quarters of 2025, supporting the price of gold. The World Gold Council noted that central banks added 800 tonnes in the first three quarters of last year, showing a strong preference for tangible assets. This ongoing demand creates a solid foundation for prices, reducing the risk of sharp declines.

Market Expectations And Futures

Market predictions now include possible interest rate cuts from the Federal Reserve by mid-2026, which puts pressure on the US Dollar. A weaker Dollar and lower yields generally boost gold prices. This situation makes long positions in gold derivatives especially appealing. Additionally, ongoing geopolitical tensions from 2025 continue to provide a safe-haven appeal for gold. If global conflicts escalate, we can expect significant price increases and higher volatility. Given this, having some gold exposure is a smart strategy. In this environment, consider buying call options on gold futures or ETFs. This approach allows for potential gains while limiting our risk to the premium paid. Slightly out-of-the-money calls with expirations in the next three to six months might offer the best opportunities. For those looking to protect their overall portfolios, gold futures can help offset potential downturns in the equity market. Looking back at the market uncertainties in 2025, portfolios with gold fared much better during risky times. This inverse relationship with risk assets is a key factor to leverage in the coming weeks. We saw a similar situation after the 2008 financial crisis when low interest rates led to a long bull run in gold. Between 2008 and 2011, gold prices more than doubled, illustrating how strong these factors can be. History shows we should be ready for a significant rise in prices. Create your live VT Markets account and start trading now.

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The US Dollar Index (DXY) is currently around 98.20, showing a decline as tensions between the US and Venezuela lessen. This index reflects the US Dollar’s value compared to six major currencies and has dropped over the last two trading sessions. A recent US military strike in Venezuela resulted in the capture of President Nicolas Maduro. Maduro has denied charges of narco-terrorism from the US, which could lead to serious legal outcomes.

US ISM Manufacturing PMI Decline

In December 2025, the ISM Manufacturing PMI in the US fell to 47.9, the lowest since October 2024. This indicates ongoing shrinkage in US manufacturing, with decreases in both production and inventory. Minneapolis Fed President Neel Kashkari pointed out that inflation remains elevated and unemployment could rise. Traders are closely examining upcoming economic data, especially the Nonfarm Payrolls report expected to show a 55,000 job increase. The US Dollar is the world’s most traded currency, making up over 88% of foreign exchange transactions in 2022. Its value is influenced by decisions from the Federal Reserve and various economic indicators. When the Fed engages in quantitative easing, the US Dollar weakens. In contrast, quantitative tightening has the opposite effect, strengthening the Dollar. The Fed employs these strategies to ensure economic stability and manage employment levels.

US Dollar Index Trends

As the US Dollar Index weakens around the 98.20 mark, the immediate concerns from the US-Venezuela conflict have subsided. The market has fully adjusted to last weekend’s events, shifting our focus back to the fundamental US economic data. The outlook for the dollar seems increasingly weak. Manufacturing activity has contracted for three consecutive months, with the December 2025 ISM PMI dropping to 47.9. Additionally, the Nonfarm Payrolls report released on January 2nd revealed only 30,000 new jobs added—far below the expected 55,000—confirming a slowing labor market. This disappointing data supports Kashkari’s recent statements that the policy rate is close to neutral and unemployment may rise. As a result, futures markets are now anticipating no further rate hikes in 2026, with the CME FedWatch Tool suggesting almost a 40% chance of a rate cut by the third quarter. This marks a notable change from just a month ago when there was an expectation for rates to remain steady. For those trading derivatives, this environment hints at rising implied volatility in currency markets. The combination of slowing growth and persistent inflation—Core PCE was last reported at 3.8% for November 2025—creates uncertainty regarding the Fed’s future actions. Strategies like straddles or strangles on major pairs like EUR/USD could be beneficial as they may profit from larger price movements in the weeks ahead. Currently, the most likely direction for the dollar appears to be downside. We might consider buying call options on currencies such as the Euro and Australian Dollar, or purchasing puts on the US Dollar Index. The weak Nonfarm Payrolls data gives us more confidence to expect a decline in the Greenback, aiming for a break below the 98.00 support level on the DXY. The next important event will be the Consumer Price Index (CPI) report for December 2025, which is set to be released next week. If inflation comes in lower than expected, it would strengthen expectations for Fed rate cuts and potentially accelerate the Dollar’s decline. On the other hand, a surprisingly high figure could heighten fears of stagflation and might lead to a sharp, volatile market reaction as investors reconsider the Fed’s challenging situation. Create your live VT Markets account and start trading now.

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The NZD/USD pair rose slightly to around 0.5800 during Tuesday’s Asian session. This movement occurred after US manufacturing activity fell more than expected in December. The US Manufacturing PMI dropped to 47.9, lower than the expected 48.3, marking a ten-month decline. Geopolitical tensions may boost safe-haven currencies like the US Dollar, which could limit any further gains for the NZD/USD pair. Additionally, growing concerns about the Federal Reserve’s independence could put downward pressure on the USD. Traders are looking at the US employment report to guide the Federal Reserve’s decisions on interest rates.

Reserve Bank Of New Zealand And Economic Factors

The Reserve Bank of New Zealand (RBNZ) aims for inflation between 1% and 3% and adjusts interest rates accordingly. The New Zealand Dollar is significantly influenced by high dairy prices and China’s economic performance, as New Zealand relies heavily on them. The New Zealand Dollar usually performs well during positive market conditions but weakens when there’s economic uncertainty. Key economic data, such as growth and employment figures, are vital for determining the NZD’s value. This data can also affect RBNZ policies and draw foreign investments. During unstable markets, investors often seek safer assets, which can negatively impact the NZD. The recent US manufacturing data, indicating a continued contraction for the tenth month, is the primary reason for the US Dollar’s weakness. This trend has persisted throughout 2025, with the ISM PMI often failing to remain above the 50-point level. This may be a short-term advantage for the NZD/USD pair, making short-dated call options appealing if prices rise above 0.5800.

US Employment Report And Federal Reserve Concerns

Attention is now focused on this Friday’s US employment report for December 2025, which may cause significant market movement. A poor jobs report could raise recession fears and heighten expectations for Fed rate cuts. Conversely, a strong report, similar to December 2024’s, might quickly reverse the dollar’s decline. Buying straddles on the NZD/USD pair before this announcement could be a smart way to profit from potential price swings. Uncertainty about who will be the next Federal Reserve Chair is another factor likely to pressure the dollar in the coming months. With Jerome Powell’s term ending in May, if a new nominee supports significantly lower interest rates, it might create a long-term bearish outlook for the US Dollar. We find value in positioning for this shift by considering longer-dated call options on NZD/USD that expire in the second or third quarter of this year. However, the geopolitical situation in Venezuela brings a conflicting dynamic that could support the US Dollar. Increased tensions often lead to safety-seeking behavior, which benefits the dollar and may limit any rally in the NZD/USD. This interplay between weak economic data and geopolitical risks suggests that implied volatility will stay high, making options pricier but also more relevant. On the New Zealand front, there are some encouraging signs that support the strength of the Kiwi. Recent Caixin PMI figures from China, released last week, showed a slight expansion at 50.8, which is positive news for New Zealand’s biggest trading partner. Furthermore, the latest Global Dairy Trade auction revealed a 1.2% increase in prices, strengthening the fundamental support for the currency. Create your live VT Markets account and start trading now.

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EUR/USD is on the rise, currently trading at about 1.1735, showing a daily gain of 0.10%. This increase is driven by a weaker USD, influenced by expectations of a dovish Federal Reserve and a steady outlook for the European Central Bank (ECB) on interest rates. Technical indicators suggest the EUR/USD could continue to climb, having surpassed the 1.1735 level, aligning with the 100-hour Simple Moving Average (SMA) and the 50% Fibonacci retracement level. The MACD and RSI are both pointing towards potential strength, with the next resistance at the 61.8% Fibonacci retracement.

The Euro and ECB Decisions

The Euro, used by 20 countries in the Eurozone, makes up 31% of global forex transactions. EUR/USD is the most traded currency pair, accounting for 30% of transactions. ECB decisions greatly impact the Euro’s value by managing interest rates to maintain price stability. Inflation data plays a crucial role in shaping ECB policy, influencing the Euro’s value through interest rate adjustments. Economic indicators, like GDP and PMIs, can strengthen the Euro, while trade balance data reflects export demand and currency valuation. Haresh Menghani, a market analyst with over ten years of experience, emphasizes these factors. Reflecting on the analysis from 2025, the expectation for a stronger EUR/USD was based on the differing outlooks between a dovish Fed and a more stable ECB. This trend has largely unfolded over recent months, especially after the Fed cut interest rates by 25 basis points late last year due to slowing growth.

Trading Strategies and Considerations

Recent data supports this view. The US Non-Farm Payrolls report for December 2025 showed a gain of only 90,000 jobs, falling short of expectations. This has intensified market beliefs that the Fed may pursue further easing in the first half of this year. As a result, the US Dollar Index has dropped from its 2025 highs and is now around 101.50. In the Eurozone, the ECB has held steady as inflation remains high. The final Consumer Price Index for December 2025 was 2.4%, above the central bank’s target, making rate cuts unlikely soon. The EUR/USD pair, previously struggling around the 1.1735 level, has since increased and is now stabilizing near 1.2150. With much of this policy divergence already reflected in the market, simply buying call options has become costly due to higher implied volatility. Traders should be wary of paying high premiums for basic bets. A more cautious strategy for the coming weeks would involve credit spreads, such as selling out-of-the-money put spreads. This allows traders to earn a premium while betting that the pair will stay above a critical level, like the 1.2000 mark. This method capitalizes on the upward trend without needing a sharp, ongoing rally. It’s also essential to stay alert for upcoming economic data that could disrupt this trend. Strong US retail sales or inflation reports could cause the market to reassess the Fed’s dovish stance, leading to a quick drop in EUR/USD. Thus, clearly defining risk for any bullish positions is crucial in the current climate. Create your live VT Markets account and start trading now.

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Anticipating US Economic Data

Market participants are looking forward to key US economic data releases, especially the Nonfarm Payrolls report. This report is predicted to show an increase of 55,000 jobs. The Canadian Dollar may face pressure due to US and global expectations regarding access to Venezuela’s oil reserves. This situation could impact the demand for Canadian oil and raise questions about future Venezuelan oil output and its effect on prices. The movements of the Canadian Dollar (CAD) depend on several factors, including the Bank of Canada’s interest rate decisions, oil prices, and macroeconomic data. Important indicators such as GDP, inflation, and employment play a significant role. A strong economy usually leads to possible interest rate hikes by the Bank of Canada, which supports the CAD. In contrast, weak data can cause the CAD to lose value. Currently, the USD/CAD is hovering around 1.3760, caught between two opposing trends. Recent US ISM manufacturing data from December 2025 indicates a faster contraction, likely weakening the US dollar. On the other hand, the Canadian dollar faces considerable pressure from geopolitical events affecting oil prices. A significant development is the new access to Venezuelan crude oil. This situation continues to impact the oil market negatively. WTI crude has dropped over 9% since mid-December 2025 and is now priced near $68 a barrel. The new interim government in Caracas aims to restore production to 1.2 million barrels per day by the end of 2026. This change in supply is a major challenge for the Canadian dollar.

Focus on US Nonfarm Payrolls Report

The main focus this week is the upcoming US Nonfarm Payrolls report, which might lead to a big market move. The consensus forecast suggests a modest increase of 55,000 jobs, following a previous downward revision of November 2025 numbers. This indicates that the US economy is slowing down significantly. If the report shows much weaker numbers than expected, it could cause the US dollar to drop temporarily and push USD/CAD down to the 1.3700 level. Create your live VT Markets account and start trading now.

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