U.S. and Canadian data
- Initial jobless claims in the United States, fact 209K, forecast 215K.
- New Housing Price Index (m/m) (June) in Canada, fact -0.1%, forecast 0.1%.
The number of initial applications for unemployment benefits in the United States has fallen markedly, returning to its lowest levels since May, indicating a marked acceleration in the US labor market.
Fig. 1. Initial jobless claims in the United States
- Data on the real estate market in Canada worsened, but remained near lows.
The USD/CAD pair gained a modest support, but continued to be limited by general market restraint. The actual significant resistance for this pair remains the levels: 1.3330 and 1.3350.
Fig. 2. USD/CAD chart. Current price – 1.3300
Read also: “USA VS China –
which means a delay in trade opposition”
Hanzenko Anton
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