Debt keeps 7 in 10 adults from building wealth or saving, survey finds — 5 strategies for debt relief
Debt is keeping many Americans from building wealth or saving, according to a recent survey. Here are five strategies for debt relief.
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USDCAD moves lower after stronger than expected jobs report. What next technically?
The USDCAD moved sharply lower following stronger-than-expected Canadian jobs data. Employment rose 60.4K vs. 5K expected, with the unemployment rate steady at 7.1%. The breakdown showed full-time jobs surging by 106.1K, offset by a decline of -45.6K in part-time work.
Technically, the pair fell from 1.4014 to 1.3975, putting focus on the rising 100-hour moving average at 1.39668 and the swing highs near 1.3970, which now act as key support. A sustained break below that zone would open the door toward the 200-hour MA at 1.39544 and the 200-day MA at 1.3952.
Traders against is area with stops on a dip below as well. It is a key technical barometer for both buyers and sellers.
The BOC expectations for a cut fell to 57% at the next meeting vs 70% before the meeting
This article was written by Greg Michalowski at investinglive.com.
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Are big tech ETFs strong enough to weather AI bubble fears?
Wall Street has been mulling over fears of a bubble in the artificial intelligence (AI) space for quite some time. -
Canada jobs surge 60.4k in September, unemployment steady at 7.1%
Canada’s labor market delivered a strong upside surprise in September, with employment rising by 60.4k, well above expectations of just 2.8k. The gains were concentrated in manufacturing (+28k), health care and social assistance (+14k), and agriculture (+13k), while wholesale and retail trade saw a notable decline of -21k. The report reinforces signs of resilience across […]
The post Canada jobs surge 60.4k in September, unemployment steady at 7.1% appeared first on Action Forex.
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Pound Sterling Price News and Forecast: GBP struggles to stabilize against US Dollar
The Pound Sterling (GBP) strives to gain ground against the US Dollar (USD) during Friday’s European trading session after posting a fresh two-month low around 1.3280 earlier in the day. -
Canada Participation Rate: 65.2% (September) vs 65.1%
Canada Participation Rate: 65.2% (September) vs 65.1% -
Canada Net Change in Employment registered at 60.4K above expectations (5K) in September
Canada Net Change in Employment registered at 60.4K above expectations (5K) in September -
Canada Unemployment Rate below forecasts (7.2%) in September: Actual (7.1%)
Canada Unemployment Rate below forecasts (7.2%) in September: Actual (7.1%) -
Canada September employment +60.4K vs +5.0K expected
- Prior was -65.5K
- Unemployment rate 7.1% vs 7.2% expected (prior 7.1%)
- Participation rate 65.2% vs 65.1% prior
- Full time +106.1K vs -6.0K prior
- Part time -45.6K vs -59.7K prior
- Hourly wages for permanent employees +3.6% vs +3.6% prior
This is a nice rebound after two negative readings in a row. USD/CAD quickly fell to 1.3985 from 1.4015 before the data. Yesterday, it touched the highest since May.
This article was written by Adam Button at investinglive.com.
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How federal workers became a bargaining chip in the government shutdown
The government may fire thousands of federal workers during the shutdown, advancing the long-term goals of influential conservatives in Washington.
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