Post Tagged with: "Ivey PMI"
Forex Daily Outlook February 6 2012
We start the week with some interesting events like Ivey PMI in Canada and Halifax HPI in the UK as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Ivey Purchasing Managers’ Index (PMI), Monthly Survey to rate the business conditions including employment, production, new orders, prices, supplier deliveries, and
USD/CAD Outlook February 6-10
The Canadian dollar had an excellent week, riding on good figures from the US rather than from its own data. After closing under parity, can the pair move further down? Ivey PMI and housing data are the highlight of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week,
Forex Daily Outlook January 5 2012
ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the
USD/CAD Outlook January 2-6 2012
The Canadian dollar managed to erase a bit of its yearly losses in the last week of 2011. Employment figures are the main event this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Tensions around Iran’s military exercise in the straights of Hormuz keep oil prices from falling, and this
Forex Daily Outlook December 6 2011
Halifax HPI in the Uk and German Factory Orders in Europe are the main events lined up. Let’s see what awaits us today. In the US, Daniel Tarullo, Federal Reserve Governor, is about to speak in Washington DC. More in the US, Investor’s Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism,
USD/CAD Outlook December 5-9
The Canadian dollar managed to gain against the greenback on the European hopes. Rate decision and housing data are the main market-movers this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week was less optimistic for the Canadian economy with lower than forecasted GDP figures indicating slower growth of 0.2% and disappointing
Forex Daily Outlook November 4 2011
We end this week with some interesting updated, Unemployment Rate in the US and Building Permits in Canada as the major events this day. Here is an outlook on the market-movers awaiting us. G20 Meetings (Day 2), the Group of Twenty (G20) is an important global policy-making figure effective at the uppermost level, which impact
USD/CAD Outlook – Oct. 31-Nov. 4
The Canadian dollar made more gains against the US dollar and crossed the line of parity. GDP and employment data are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, despite positive figures reflecting improvement in the Canadian economy, the BOC remains quite cautious. The last rate statement did
Forex Daily Outlook – October 6 2011
Unemployment Claims in the US and ECB Press Conference in Europe are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, significant indicator of overall financial health, weekly report to value the number of unemployed that for the first time filed for insurance over the passing week, raise from 391K
USD/CAD Outlook – October 3-7
The Canadian dollar continued to retreat against its southern neighbor. Where will it stop? Ivey PMI and especially employment figures in Canada and in the US are the highlights of this week. Here’s an outlook for the Canadian events and an updated technical analysis for the USD/CAD. Last week GDP growth rate for July rose in line with expectations by