Post Tagged with: "John Murray"
Forex Daily Outlook – May 7 2010
Good news in the U.S. Non -Farm Employment Change is released expecting a rise and so is Canada’s employment change while Unemployment rates remain the same. US, Federal Reserve Chairman Ben Bernanke delivers a commencement address at the University of South Carolina, in Columbia and Britain awaits election results with great anticipation. In the US,
USD/CAD Outlook – May 3-7
After a bad week, the Canadian now dollar expects the important employment figures among other indicators. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines marked. Click to enlarge: Canada mostly suffered from risk aversive trading due to the expanding Greek crisis. But
Forex Daily Outlook – April 7th 2010
Traders returned to the markets in a storm after the Easter holiday, and this day also provides lots of action: a rate decision in Japan, Ben Bernanke’s speech and many important figures from all over the world. Let’s see what’s awaiting us today. A quick reminder of yesterday: the Aussie enjoyed another rate hike, the
USD/CAD Outlook – April 5-9
The loonie closed the week closer to parity. The upcoming week consists of important job figures among other events. Here’s an outlook for Canadian events and an updated technical analysis for USD/CAD. USD/CAD graph with support and resistance lines on it. Click to enlarge: One of the things that helped the Canadian dollar was another
Forex Daily Outlook – November 4th 2009
A very busy day expects forex traders with a rate decision in the US being the highlight of the day. There are important figures from all over the world. Let’s see what’s up: Here’s the Arabic version of this daily forex forecast. British Nationwide Consumer Confidence is expected to edge up from 71 to 72
Canadian Dollar Outlook – November 2-6
Looking for the latest outlook for this week? Check the full section: USD/CAD Forecast. After a disappointing GDP result, USD/CAD is far from parity. This week’s employment figures are among the events that will impact the loonie. Here’s an outlook for this week’s Canadian events, and an updated technical analysis for USD/CAD: USD/CAD Chart with support
Forex Daily Outlook – September 15th 2009
After the dollar renewed its falls, a busy day expects the forex markets. The calendar is packed with events, including Retail Sales, PPI and a speech by Ben Bernanke. There are more important indicators in other parts of the world as well. Let’s see what’s up today: Australian Monetary Policy Meeting Minutes showed that a
Canadian Dollar Outlook – September 14-18 2009
The loonie didn’t fully enjoy the fall of the US dollar, and didn’t get far away from the the resistance line. This week’s CPI and 6 other events will shape the direction of the loonie. Here’s an outlook for this week’s events in Canada and an updated technical analysis for USD/CAD. USD/CAD forex chart with
Forex Daily Outlook – May 19th 2009
Many important figures are released today: British CPI, German ZEW Economic Sentiment, US Building Permits and Japanese Prelim GDP form a big load of data to shake the forex markets. And there’s more… Australia’s Monetary Policy Meeting Minutes starts the day. After Glenn Stevens’ speech, this will be another insight on the RBA’s view of the strong
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.