Post Tagged with: "NHPI"
Canadian Dollar Outlook – September 7-11 2009
USD/CAD remained in the mainstream, with perfect range trading. This week’s rate decision and 3 more important Canadian indicators will shape the loonie’s direction. Here’s an outlook for the key Canadian events, and a technical analysis for USD/CAD. USD/CAD updated forex graph, with support and resistance lines The surprising rise in Canadian jobs (employment change)
Forex Daily Outlook – August 12th 2009
A very busy day is expecting us: the FOMC Statement will set the direction of the dollar for the near future. In addition, Trade Balance in Canada and the US, and employment data in Britain are key events. And there’s more. Let’s dive in: Australian Westpac Consumer Sentiment starts the day. This is the second
Canadian Dollar Outlook – August 10-14 2009
The markets finally moved! USD/CAD fell well below the resistance line, only to make a comeback on the excellent American NFP figures. This week features important Canadian events that will impact the loonie. Here’s an outlook for the upcoming week and a technical analysis for USD/CAD. Hee’s the USD/CAD graph: The most important event for
Forex Daily Outlook – June 10th 2009
After two slow days, the economic calendar is fully packed today: Trade Balance in Britain, Canada and the US, an interest rate decision in New Zealand and GDP in Japan are the highlights. And there’s lots more. Let’s see what’s on the menu… Australian Home Loans start the day. After rising by 4.9%, they are
Canadian Dollar – Took a Break or Changed Direction?
After a very volatile week where the USD/CAD bounced off a strong resistance line, the loonie is now tested: Was it just a normal retracement? Or did the trend reverse? 4 major indicators await the Canadian dollar: Housing Starts, Trade Balance, NHPI and a press conference by Mark Carney. Here’s an outlook for this week
Forex Daily Outlook – May 11th 2009
The week starts without too many indicators. Do note French Industrial Production and a speech by Ben Bernanke. Let’s see what’s up. Australia starts the forex week with the NAB Business Confidence, a good indicator for Australia’s strong economy. In Japan, Prelim Machine Tool Orders might recover from the deep falls last time. In Europe, French Industrial Production is expected