What does the data mean to the market? The data indicates the number of crude oil barrels held by commercial firms in the US; this inventory is taken weekly and indicates increases or decreases needed in supply, affecting the price. A Positive number is bad for the oil price. Other oil data is relea...

Today we got massive deviations across the three important data lines, Employment Change, Full Time, and Unemployment, all in the same direction, which gave us a nice move and the opportunity to bank a little profit!

See the video at :

What does the data mean to the market? The total number of people employed/changed in the previous month. More employment is positive for the Cadanidan dollar and would create a buy of CAD pairs. Also, at the same time comes the unemployment rate, which has the reverse impact; a higher unemployment ...