Key Highlights GBP/USD started a consolidation phase below the 1.3000 resistance. A key declining channel or a bullish flag is forming with resistance at 1.2955 on the 4-hour chart. EUR/USD is eyeing a fresh increase above the 1.0870 resistance zone. Gold prices corrected some gains after setting a record high near $3,150. GBP/USD Technical Analysis […]
Nov 08, 2024
Canada’s labour market remains solid in October
The Canadian labour market gained 14.5k positions in October, with full-time employment up 25.6k and part-time employment down 11.2k. The unemployment rate was unchanged at 6.5% and the participation rate declined 0.1 percentage point to 64.8%. Employment by sector showed gains in business, building and other support services (+29k), while losses were seen in finance, […]
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