December labour data are expected to show a mild contraction in Canadian employment and a rise in unemployment to 6.7%, reinforcing the view that the labour market is gradually loosening and limiting the case for near-term policy tightening by the Bank of Canada, ING's FX analyst Francesco Pesole no
The Australian Dollar (AUD) declines against the US Dollar (USD) on Friday, remaining subdued for the third successive session. The AUD/USD pair remains subdued following the release of key economic data from China, a key trading partner of Australia.
The Japanese Yen (JPY) remains incredibly quiet as it extends the tight consolidation that we’ve observed over the past couple of weeks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.