Post Tagged with: "BOC Review"
Forex Daily Outlook November 17 2011
Unemployment Claims in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report to value the persons that filed for joblessness insurance, rise is predicted from 390K up to 396K. More in the US, Building Permits, monthly indicator of forthcoming
USD/CAD Outlook November 14-18
The Canadian dollar reversed some of its losses against the greenback in a tense week. The inflation rate is the major event this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, Canadian dollar dropped due to growing demand for U.S. currency following Italy’s bond turmoil, but this reversed. Housing starts
Forex Daily Outlook – August 18 2011
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Consumer Price Index (CPI), measurement to value the goods and services prices, a raise -0.2% to 0.2% is forecasted this month. Meanwhile the Core CPI (excluding food and energy) is
USD/CAD Outlook – August 16-20
A busy week expects loonie traders, with inflation figures providing a strong finish. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines on it. Click to enlarge: The Canadian dollar retreated mostly on the FOMC Statement, and not on Canadian issues. This week,
Forex Daily Outlook – May 20 2010
US Philly Fed Manufacturing Index is released; Unemployment Claims are expected to drop once again, CB Leading Index is heading for a decrease. This and more awaits us today. In the US, Philly Fed Manufacturing Index, survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level
USD/CAD Outlook – February 15-19
In the past week, the loonie gained nice ground against the greenback. The upcoming week provides many important indicators. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD.CAD graph with resistance and support lines marked. Click to enlarge: The most important release is CPI. Can prices pick up and
Forex Daily Outlook – November 19th 2009
Currencies continue to trade in narrow ranges. Today, British retail sales and American unemployment claims stand out. Let’s see what’s up for today. In Australia, Guy Debelle, the RBA Assistant Governor, will be making a public appearance, and might give some more hints about the upcoming rate decision in December. Also note the RBA Monthly
Canadian Dollar Outlook – November 16-20 2009
Looking for the latest outlook for this week? Check the full section: USD/CAD Forecast. The Canadian dollar was the big winner of the past week, with USD/CAD breaking a support line. This week’s CPI and 5 other events will shape the direction of the loonie. Here’s an outlook for the upcoming events in Canada, and an
Forex Daily Outlook – August 20th 2009
British Retail Sales and American Unemployment Claims are the highlights today. Let’s see what’s on the calendar. Yes, Australia starts the day again, this time with the RBA Monthly Bulletin. After the release of the Monetary Policy Meeting Minutes, this probably won’t add to much. Yesterday, the MI Leading Index moved the Aussie. For more on the Australian
Canadian Dollar Outlook – August 17-21 2009
After quite a volatile week, the greenback took over, and USD/CAD closed higher, above the critical support line. This week features Canadian CPI and 5 more important Canadian releases. Here’s an outlook for this week’s events in Canada, and a technical analysis for USD/CAD. USD/CAD Forex Chart with important support and resistance lines marked: The