Post Tagged with: "BOC Rate Statement."
Forex Daily Outlook – September 10th 2009
After more dollar weakness, this day is fully packed with indicators.: rate decisions from Britain and Canada, employment data from the US and Australia and many more important releases are due today. Take a deep breath. After NZD/USD practiced a knee jerk reaction on the rate decision, will we see the same on British and
Canadian Dollar Outlook – September 7-11 2009
USD/CAD remained in the mainstream, with perfect range trading. This week’s rate decision and 3 more important Canadian indicators will shape the loonie’s direction. Here’s an outlook for the key Canadian events, and a technical analysis for USD/CAD. USD/CAD updated forex graph, with support and resistance lines The surprising rise in Canadian jobs (employment change)
Forex Weekly Outlook – September 7-11 2009
After an extremely busy week, the upcoming week is more relaxed, especially for North American traders, which enjoy the Labor Day weekend. Later in the week, things warm up with rate decisions from Britain, Canada and New Zealand, and many other important indicators. Non-Farm Payrolls, as well as a big number of other important indicators,
Forex Daily Outlook – July 21st 2009
The dollar began the week with a small drop. It’s direction will be dominated today by the first part of Ben Bernanke’s testament. In addition, there’s a rate decision in Canada and other interesting figures. Let’s see what’s on the menu for today. Australian Monetary Policy Meeting Minutes start the day. We’ll get to see what’s
Canadian Dollar Outlook – July 20-24 2009
The Canadian dollar made a strong and independent move against against the greenback last week. This week features many important releases in Canada that could impact USD/CAD. Here’s an outlook for this week’s key events and a technical analysis for the loonie. The interest rate decision dominates the scene, yet there are lots of other
Forex Daily Outlook – June 4th 2009
Huge day in forex trading: Rate decisions from Europe, Britain and Canada dominate the day. Ben Bernanke’s speech will also impact the markets, as well as many other indicators. Let’s dive in… Australian Trade Balance starts the day. The surplus is expected to squeeze from 2.5 billion to 1.7 billion. After GDP was positive, this
Loonie At Parity? Canadian Dollar Outlook
Here is the most recent USD/CAD Canadian Dollar Outlook. USD/CAD has fallen deeply in the past two weeks. This trend continued this week despite ongoing recession. Apart from GDP, there are 4 more crucial events any loonie trade should carefully look out for this week: Building Permits, Interest Rate decision, Ivey PMI and the Unemployment Rate.
Forex Weekly Outlook – June 1-5 2009
Get ready for a wild week in forex trading. As always in the beginning of the month, the king of forex: Non-Farm Payrolls is dominant. We have rate decisions from Europe, Britain, Canada and Australia. Yup, everything happens this week. And there are loads of other major indicators. Hold tight! Only a big surprise this
Forex Daily Outlook – April 22nd 2009
British Figures dominate the day, with Claimant Count Change, MPC Meeting Minutes and the Annual Budget Release being in the center. And there’s more from other places on the globe. Let’s see what’s up for today: Australia’s quarterly CPI opens the forex trading day. It’s expected to rise by 0.5%, after last quarter’s fall of 0.3%. But after
Forex Weekly Outlook – April 20-24 2009
This week features Home Sales data in the US, a rate decision in Canada, British GDP and many more interesting economic figures that will move the markets. Some currencies are at critical levels, and might set a new course this week. Let’s dive into the major events this week: Monday, April 20th: Australia’s PPI is