Forex Crunch » Core Retails Sales http://www.forexcrunch.com Forex Trading with a Personal Touch Sun, 12 Feb 2012 18:04:18 +0000 en hourly 1 http://wordpress.org/?v= Important Week for the Canadian Dollar http://www.forexcrunch.com/important-week-for-the-canadian-dollar/ http://www.forexcrunch.com/important-week-for-the-canadian-dollar/#comments Sun, 17 May 2009 19:32:14 +0000 Yohay http://www.forexcrunch.com/?p=1025 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. Since then, the pair began an easy downtrend, as the US dollar lost ground to all the currencies, since the trillion dollar printing.

Read the rest of the article Important Week for the Canadian Dollar]]> http://www.forexcrunch.com/important-week-for-the-canadian-dollar/feed/ 0 Forex Daily Analysis – February 12th 2009 http://www.forexcrunch.com/forex-daily-analysis-february-12th-2009/ http://www.forexcrunch.com/forex-daily-analysis-february-12th-2009/#comments Thu, 12 Feb 2009 06:06:01 +0000 Yohay http://www.forexcrunch.com/?p=381 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 positive (+1.2K) and didn’t fall as expected, but Unemployment Rate rose to 4.8% from 4.5%. All in all, Australia’s economy is hurt by fires more than the global crisis. AUD/USD now trades at 0.6564.

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