Post Tagged with: "Overnight Rate"
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 Weekly Outlook – September 7-11 2009
After an extremely busy week, the upcoming week is more relaxed, especially for North American traders, which enjoy the Labor Day weekend. Later in the week, things warm up with rate decisions from Britain, Canada and New Zealand, and many other important indicators. Non-Farm Payrolls, as well as a big number of other important indicators,
Forex Daily Outlook – July 21st 2009
The dollar began the week with a small drop. It’s direction will be dominated today by the first part of Ben Bernanke’s testament. In addition, there’s a rate decision in Canada and other interesting figures. Let’s see what’s on the menu for today. Australian Monetary Policy Meeting Minutes start the day. We’ll get to see what’s
Canadian Dollar Outlook – July 20-24 2009
The Canadian dollar made a strong and independent move against against the greenback last week. This week features many important releases in Canada that could impact USD/CAD. Here’s an outlook for this week’s key events and a technical analysis for the loonie. The interest rate decision dominates the scene, yet there are lots of other
Forex Weekly Outlook – July 20-24 2009
The upcoming week in forex trading has many important figures: Canadian rate decision, American Existing Home Sales and British GDP are the highlights, together with Ben Bernanke’s testament. Will the currencies break out of the ranges they cling to? Let’s see what can move them this week
Loonie At Parity? Canadian Dollar Outlook
Here is the most recent USD/CAD Canadian Dollar Outlook. USD/CAD has fallen deeply in the past two weeks. This trend continued this week despite ongoing recession. Apart from GDP, there are 4 more crucial events any loonie trade should carefully look out for this week: Building Permits, Interest Rate decision, Ivey PMI and the Unemployment Rate.
Forex Weekly Outlook – June 1-5 2009
Get ready for a wild week in forex trading. As always in the beginning of the month, the king of forex: Non-Farm Payrolls is dominant. We have rate decisions from Europe, Britain, Canada and Australia. Yup, everything happens this week. And there are loads of other major indicators. Hold tight! Only a big surprise this
Forex Daily Outlook – March 3rd 2009
This can easily be called “Super Tuesday”: rate decisions from Australia and Canada, Swiss GDP, House Prices from Britain, Pending Home Sales in America and Bernanke’s testament fill up a very promising day in forex trading. Australia supplies lots of data at the beginning of Tuesday. First Retail Sales are expected to turn negative, dropping
Forex Weekly Outlook – March 2-6 2009
The first week of March promises a roller-coaster in the Forex market. The king of indicators, NFP will keep everyone tense up to Friday. Until then, rate decisions in Europe, Britain, Canada and Australia are pumped through the week, as well as GDP from Switzerland, Canada and Australia. There are more major economic releases. Let’s
Forex Daily Analysis – Januray 20th 2009
Today is a historic day in the USA: Barack Obama, the first black president, will be inaugurated as the president. I’ve already written about how Obama’s inauguration is affecting Forex trading. It seems that wheels are already in motion: the USD strengthens against most of the currencies. EUR/USD fell below 1.30, to 1.2967. GBP/USD broke