Post Tagged with: "Core Retails Sales"
Important Week for the Canadian Dollar
USD/CAD has made a big move downwards during May, and bounced off a major support line. It currently stands near an important line. This week features many important figures in Canada, that will determine the loonie’s direction. Throughout most of 2009, USD/CAD traded above 1.20. It even made a false break above 1.30 in mid-March.
Forex Daily Analysis – February 12th 2009
Data from Australia, Europe and the US dominates today’s economic indicators. Core Retails Sales, the main figure for the day in the US, will also be published in New Zealand. The British pound, which has taken a blow from Mervyn King yesterday, expects a quiet day today. Australia’s employment data was mixed: Employment Change was