Post Tagged with: "Leading Index"
USD/CAD Outlook – September 19-23
The Canadian dollar found itself at parity with the US dollar, but this didn’t persist and it eventually strengthened very nicely. Inflation rate is the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Update: USD/CAD at 2011 high after Bernanke – the disappointing statement sent the pair well above parity.
USD/CAD Outlook – August 15-19
The Canadian dollar was a victim of the global turmoil that began with its southern neighbor. Inflation data is the main event this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Last week the Canadian dollar touched parity with the US dollar but bounced back. Housing starts posted a good reading of 205,000
Forex Daily Outlook – August 18 2011
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Consumer Price Index (CPI), measurement to value the goods and services prices, a raise -0.2% to 0.2% is forecasted this month. Meanwhile the Core CPI (excluding food and energy) is
Forex Daily Outlook – July 19 2011
Building Permits in the US and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Building Permits, very important indicator to measure the new housing building permits supplied on the passing month, about to remain 0.61 million like on the previous month. Meanwhile Housing
USD/CAD Outlook – July 18-22
USD/CAD dipped into lower ground in the past week. The rate decision, BOC Press Conference, inflation data and retail sales are the highlights of a busy week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Last week Canadian housing starts rose unexpectedly amid strong sales activity in Ontario reaching 197,400 new
Forex Daily Outlook – June 21 2011
Existing Home Sales in the US and German ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Existing Home Sales, measuring the number of built houses that were sold on the last month, drooped to 5.05 million on May and a further reduce is
USD/CAD Outlook – June 20-24
The Canadian dollar retreated against the greenback due to the global turmoil and falling oil prices. Retail sales figures are the top event this week. Here’s an outlook for the Canadian trading events, and an updated technical analysis for the Canadian dollar The Canadian Dollar dropped to a three month low vs. the U.S dollar as a
USD/CAD Outlook – May 16-20
The Canadian dollar gave in to the greenback’s strength in the past week. CPI and Retail Sales are the highlight of this week. Here’s an outlook for the main events awaiting us this week, and an updated technical analysis for USD/CAD. New home prices in Canada were flat in March following a 0.4% rise in
Canadian Dollar –April 18-22
Inflation Rate and Retail Sales are the highlight of this week. Here is an outlook on the main events coming up and an updated technical analysis for USD/CAD. The Bank of Canada raises expectations for interest rates rises further on this year by raising the 2011 growth and inflation forecasts to 2.9% from 2.4%. Although
Forex Daily Outlook – March 22 2011
The speeches of FOMC Member Fisher and Treasury Sec Geithner together with Canadian Retail sales are the main events this day. Here is an outlook on the major market-movers. In the US, FOMC Member Fisher Speaks, Federal Reserve Bank of Dallas President Richard Fisher is due to deliver a speech titled “Monetary and Fiscal Policy