The Traderszone Network

Published in TZ Latest News 6 January, 2017 by The TZ Newswire Staff

NZD/CAD could plunge as rising oil, data underpins CAD

The first trading week of 2017 is nearly over. U.S. stock indices have hit new record high with Dow coming to within a point of hitting that 20K hurdle and crude prices turning back positive on the week after a wobble on the first trading day of the year. Economic data from around the wold has been positive, except the US where the jobs numbers were a little bit soft, although wages grew more strongly than expected. In contrast, Canadian employment figures were surprisingly strong.