Post Tagged with: "canadian dollar"
Forex Pieces for the Weekend – August 1 2009
In anticipation for a week full of important events and of course the new NFA regulations, here’s a bunch of interesting forex-related articles from across the web: Kathy Lien looks back at headlines from 1930 and sees there are great similarities. I find this crisis flashback quite fascinating. Michael Greenberg, at Forex Magnates, made an
Forex Daily Outlook – July 30th 2009
American Unemployment Claims and British Nationwide HPI are the main dishes for today, and there are more interesting releases. Let’s see what’s up for today: Australian Building Approvals start the day. After plunging by 12.5% last month, they’re expected to bounce back and rise by 7.2%. In Britian, Nationwide HPI is an important release for the
Forex Daily Outlook – July 29th 2009
American Durable Goods Orders and a rate decision in New Zealand are the highlights of this busy day in forex trading. Australian HIA New Home Sales starts the day. Last month, this figure fell by 5.7%. In New Zealand, NBNZ Business Confidence is an important release that will give a broad view over the economy. A bigger
Canadian Dollar Outlook – July 27-31 2009
Contrary to most currency pairs that are stuck in a narrow range, the Canadian dollar is on the move. It strengthened significantly against the greenback, and stands at a critical level. This week doesn’t feature many Canadian economic indicators, but does feature the monthly GDP, which is released together with the American GDP. Here’s a
Forex Daily Outlook – July 22nd 2009
Ben Bernanke will give the second part of his testament today. Elsewhere, Australian CPI, British Meeting Minutes and Canadian Retail Sales will set the tone for today. Let’s see what’s up: Australian CPI provides a strong start for the day. After rising by 0.1% last quarter, prices are expected to rise faster – by 0.5%. Aussie
Forex Daily Outlook – July 20th 2009
The week begins with a few early indicators, but no significant releases in the US. Will the currencies break the trading ranges this week? Here’s an outlook for the first day of the week: The first indicator is published early: on Sunday at 23:00 GMT. British Rightmove HPI is the first indicator for the Pound in
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
CAD/JPY Going Wild
When most currency pairs are trading in narrow ranges, the Canadian dollar and the Japanese Yen are standing out with exceptional strength. This makes the CAD/JPY very interesting. EUR/USD, GBP/USD and USD/CHF have been consolidating for a long time. No one knows when they will “explode”. For example, EUR/USD is trading sideways between 1.3750 and
Canadian Dollar Outlook – June 29 – July 3 2009
USD/CAD went up this week and broke a significant resistance line, before erasing most of its gains. The Canadian dollar will move this week on Canadian GDP, American Non-Farm Payrolls and more Canadian figures. Here’s an outlook for the Canadian dollar, on the turn of the third quarter. Here are the main events for USD/CAD:
Forex Daily Outlook – June 26th 2009
A rather calm Friday is expected today, after the wild week. German CPI and American Personal Spending are the highlights today. Let’s see what’s up. German Prelim CPI is collected from all the German states and is expected to rise by 0.1%. Also note the German Import Prices, which are expected to rise by 0.1%.