Unlocking the Secrets of USDJPY, USDCAD, and NZDUSD: A Weekly Technical Analysis by XM Research
Rise and Fall: Analyzing the Latest Jobs Report Soft Job Creation Disappoints Market Expectations Despite the significant spike in ADP employment data, Friday’s nonfarm payrolls report revealed a softer-than-expected job creation of 209k and a downward revision in May’s reading. The US dollar retreated immediately, but the odds for a 25 bps rate hike remained…