Post Tagged with: "Labor Productivity"
Forex Daily Outlook November 9 2011
We summarize this week with Trade Balance reports on the US, UK and Canada as the major events of this day. Here is an outlook on the market-movers awaiting us. In the US, Trade Balance, value the difference between exported and imported goods and services on the past month, expected to further reduce from -43.1B
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 – September 9 2011
Canadian Employment data and the G7 meeting are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Wholesale Inventories. The value of merchandise inventory increased less than predicted in June rising 0.6% after an increase of 1.7% in the previous month. A rise of 0.8% is expected
USD/CAD Outlook – September 5-9
The Canadian dollar followed the US weakness and retreated. A busy week is a head with the rate decision, employment figures, housing data and Ivey PMI. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar. Last week Canadian domestic growth rate has rebounded in June after 0.3% drop in the previous month. This
Forex Daily Outlook – June 10 2011
Monthly Budget Statement in the US and CPI in Europe are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Monthly Budget Statement summarizes the monetary activities of federal units, disbursing officers, and Federal Reserve banks, further reduce from -40.49 Billion US dollar in May to -150.00
Canadian Dollar – June 6-10
Many important events await traders of the Canadian dollar with Employment and Housing Data, Ivey PMI and Trade Balance. Here’s an outlook for the 7 events that will rock the loonie this week, and an updated technical analysis for USD/CAD. The Bank of Canada provided a very hawkish outlook for the future, and this boosted
Forex Daily Outlook – March 15 2011
Busy day in the US: FOMC Statement, Federal Funds Rate and much more. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Statement, It’s the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy
Canadian Dollar –March 14-18
Inflation data is the major event this week. Here is an outlook on the mat events ahead. Canada’s trade surplus decreased to just C$116 million ($118 million) in January since strong Canadian dollar increased imports up at a considerably faster pace than exports. Even though the export sector has greatly improved, it faces considerable challenges
Forex Daily Outlook – December 14 2010
US Retail Sales, FOMC statement, US PPI and German ZEW Economic Sentiment are the leading events on this busy day. Let’s see what awaits us today. In the US, Retail Sales a primary gauge of consumer spending, which accounts for the majority of overall economic activity is likely to drop by 0.5%, while the Core
Canadian Dollar – December 13-17
Many events await forex traders this week with Mark Carney’s speech, Labor Productivity, Leading Index and more. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar. The Bank of Canada maintained its key interest rate last week which will be unchanged into next year. The BOC is stressing