USD/CAD Forecast Today 05/06: USD Pulls Back (Video&Chart)

    USD/CAD Forecast Today 05/06: USD Pulls Back (Video&Chart)

    The US dollar initially rallied against the Canadian dollar on Thursday but has given back some of the strength to sit still and eventually head back towards the unchanged region. That makes sense for a multitude of reasons. The first one of course being the fact that interest rates did drop in the United States….

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    CFDs broker GCI Trading adds cTrader

      DAK Markets backs professional traders through its partnership with cTrader

      DAK Markets, a technology-driven broker, has announced that it has partnered with cTrader to support its growing global community with the award-winning trading platform. cTrader gives traders full visibility into trading operations through detailed trade receipts, along with advanced native charting, DOM and built-in risk management tools such as advanced SL/TP, price alerts and custom…

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      Canada Employment Surges 87.8K, Unemployment Falls to 6.6%

        Canada Employment Surges 87.8K, Unemployment Falls to 6.6%

        Canada’s labor market delivered a much stronger-than-expected performance in May, with employment rising by 87.8k compared with expectations for a gain of just 10.2k. The increase marked the first significant monthly advance since November 2025 and followed a decline of -17.7k in April. While the result does not fully offset the weakness seen earlier this…

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        Forex Kitty Jumps USD 938 Mn to USD 682 Bn

          Forex Kitty Jumps USD 938 Mn to USD 682 Bn

          Representational Photo Mumbai- India’s forex reserve jumped by USD 938 million to USD 682.321 billion during the week ended May 28, the Reserve Bank said on Friday. In the previous reporting week, the kitty dropped USD 7.511 billion to USD 681.384 billion. The kitty had expanded to an all-time high of USD 728.494 billion during…

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          EURUSD Looks for Direction Signal to End Extended Sideways Mode

            EURUSD Looks for Direction Signal to End Extended Sideways Mode

            The Euro firmed on Friday and probes again through initial barrier at 1.1635 (daily cloud base / daily Tenkan-sen) after short-lived cloud penetration on Thursday which left daily candle with long upper shadow. Daily cloud continues to cap upticks for almost two weeks, contributing to overall bearish daily structure (cluster of converged DMAs stays just…

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            US Non Farm Payrolls Crush Expectations with 172k Growth

              US Non Farm Payrolls Crush Expectations with 172k Growth

              US labor market resilience was on full display in May as non-farm payrolls rose 172k, nearly double market expectations of around 85k. The report was further strengthened by a sizable upward revision to April’s payroll gain from 115k to 179k, indicating that hiring momentum was considerably firmer than previously thought. The unemployment rate held steady…

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              Dukascopy Bank launches dedicated Stock Trading Platform, providing access to more than 25,000 CFDs on stocks and ETFs

                Dukascopy Bank launches dedicated Stock Trading Platform, providing access to more than 25,000 CFDs on stocks and ETFs

                Dukascopy Bank has expanded its trading offering with the launch of a dedicated Stock Trading Platform, providing access to more than 25,000 CFDs on stocks and ETFs from markets around the world. The Stock Trading Platform has been developed to extend Dukascopy’s multi-asset offering beyond what is currently available on JForex. It is designed for…

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