The author compares USD/CAD, AUD/USD and gold setups for the coming week and judges gold to have the strongest overall case. The analysis cites a stronger-than-expected US jobs report, Canadian job losses and falling crude oil as factors supporting USD/CAD.
A stronger US dollar and weaker Canadian dollar can lift USD/CAD, while lower crude oil can weigh on the Canadian currency. This is a market outlook rather than a new supply-demand development for feed commodities.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.