USD/CAD increases volatility

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Source: Dukascopy Bank SA
At 12:30 GMT on Friday, the USD/CAD currency exchange rate increased volatility to 40 pips during a period of ten minutes. The move was caused by US and Canadian monthly employment data.
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Fri, 07 May 2021 15:02:10 GMT

Stocks reach new record high

On Friday, US stock indices started the day by reaching new all-time-high levels, as worse than expected US employment data beat down the value of the USD.

Fri, 07 May 2021 12:47:02 GMT

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On Friday, at 12:30 GMT, the release of US Employment data sets caused a surge of the EUR/USD of 71 base points. In addition, an all-out decline of the US Dollar was taking place.

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