Post Tagged with: "RMPI"
Forex Daily Outlook January 31 2012
US CB Consumer Confidence and Canadian GDP are the major events today. Here is an outlook on the market-movers awaiting us In the US, CB Consumer Confidence increased more than predicted to 64.5 in December from 55.2 in November indicating an elevated confidence among households. A further improvement to 68.2 is expected now. More in
USD/CAD Outlook Jan. 30- Feb. 3
The Canadian dollar is touching parity with the greenback after another week of gains. Gross Domestic Product and employment figures are the highlights of this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Ben Bernake’s extended rate pledge and hints of QE3 certainly helped weaken the US dollar. In Canada,
Forex Daily Outlook January 5 2012
ADP Non-Farm Employment Change in the US and Ivey PMI in Canada are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly report that is important for monetary health, value new unemployment insurances over the last week, decrement is due from 381K down to 375K now. More in the
USD/CAD Outlook January 2-6 2012
The Canadian dollar managed to erase a bit of its yearly losses in the last week of 2011. Employment figures are the main event this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Tensions around Iran’s military exercise in the straights of Hormuz keep oil prices from falling, and this
Forex Daily Outlook November 30 2011
US ADP Non-Farm Employment Change and US Pending Home Sales are the main events today. Here is an outlook on the market-movers awaiting us In the US, Automatic Data Processing, Inc. (ADP) Non-Farm Employment Change, measures the number of employed people over the last month (without government & farming industry), rise is expected from 110K
USD/CAD Outlook Nov. 28-Dec. 2
The Canadian dollar couldn’t hold its ground against a rising US dollar, and USD/CAD continued north. GDP and employment figures are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. The crisis in Europe is definitely taking its toll. The failed German auction was the highlight of an eventful week.
Forex Daily Outlook – October 31 2011
We start the week with some interesting events such as Chicago PMI in the US and GDP in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In the US, Chicago Purchasing Managers’ Index (PMI); monthly managers in Chicago survey to value the business conditions for employment, new orders etc.
USD/CAD Outlook – Oct. 31-Nov. 4
The Canadian dollar made more gains against the US dollar and crossed the line of parity. GDP and employment data are the major events this week. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD. Last week, despite positive figures reflecting improvement in the Canadian economy, the BOC remains quite cautious. The last rate statement did
Forex Daily Outlook – September 29 2011
Pending Home Sales in the US and Nationwide HPI in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurement of the persons that filed for unemployment cover, reduces from 423K on the last week to 420K this time. Later in the US, Pending Home Sales,
USD/CAD Outlook – September 26-30
One Canadian dollar is now worth significantly less than one US dollar as the loonie surrendered to the greenback . GDP is the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. The lack of QE3 in Bernanke’s statement and especially the comment about downside risks to the economy weighed heavily