Post Tagged with: "BOC Rate Statement."
Forex Daily Outlook January 17 2012
CPI in the UK and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Empire State Manufacturing Index, monthly survey to value the general business conditions, rise is predicted from 9.5 points on December up to 10.7 now. In Canada, Bank of Canada (BOC)
USD/CAD Outlook January 16-20
The loonie enjoyed some gains against the greenback, but these eventually met a wall. The rate decision and inflation data are the main events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, positive housing data with new housing starts increasing unexpectedly to 200,200 units in December from 186,000 inthe
Forex Weekly Outlook January 16-20
The dollar made an impressing comeback at the end of a very eventful week. Will this continue? German ZEW Economic Sentiment, a rate decision in Canada, employment data in Australia and US housing figures are the highlights of this week. Here is an outlook on the main events in the week ahead. Last week, the
Canadian Rate Unchanged – USD/CAD Ticks Down on Positive Economic Assessment
As expected, the Bank of Canada left the interest rate unchanged at 1%. Mark Carney and his colleagues didn’t move this time, but the assessment about Canada’s current situation was good. In the statement accompanied to the decision, the BOC mentioned the growing worries for the global economy, but also discussed an improvement in the
Forex Daily Outlook December 6 2011
Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up. Let’s see what awaits us today. In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism,
USD/CAD Outlook December 5-9
The Canadian dollar managed to gain against the greenback on the European hopes. Rate decision and housing data are the main market-movers this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week was less optimistic for the Canadian economy with lower than forecasted GDP figures indicating slower growth of 0.2% and disappointing
Forex Weekly Outlook December 5-9
The debt crisis in Europe will continue taking the center stage, with the climax being the EU Summit on Friday. Rate decisions in Europe, the UK, Australia and New Zealand are other highlights in this busy week. Here is an outlook on the major market-movers lined up. Non-Farm Payrolls came out as expected, but the
Forex Daily Outlook – October 25 2011
CB Consumer Confidence in the US and Current Account in the UK are the main events lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, Monthly Survey (around 5,000 homes) to rate the present and upcoming financial conditions and overall economic conditions, rise up to 46.2 points
USD/CAD Outlook – October 24-28
The Canadian dollar continued making gains against the greenback getting closer to parity. Will it reconquer it now? The interest rate decision and retail sales are the highlights of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Inflation is on the rise in Canada, and this lowers the chances of a
Forex Weekly Outlook – October 24-28
The US dollar fell for another week as the panic seen early in the money continues to unwind. Will this weakness come to an end? The EU economic summit, rate decisions in Canada, Japan and New Zealand and US housing and employment figures are the major events this week. Here is an outlook on the