Market Overview
Loonie was little change amid risk-on mood on Monday. Many economists reckon the reaction to the US jobs data was overblown given the numbers may be skewed by immigration and Hurricane Beryl. Oil prices surged 1.2%, boosted by positive economic data, potential Fed rate cuts, and Middle East tensions. The AUD/USD pair declined slightly, while EUR/USD remained stable. USD/JPY traded sideways. Global markets are volatile due to inflation data, earnings, and elections.
EURUSD Analysis
GBPUSD Analysis
Chart Analysis
GBPJPY Analysis
Chart Analysis
XAUUSD Analysis
WTI Analysis
Chart Analysis
Conclusion
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