Post Tagged with: "RMPI"
Forex Daily Outlook – August 30 2011
FOMC Meeting Minutes in the US and RMPI in Canada are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s last meeting, regarding interest rates financial conditions. Later in the US, The Conference Board (CB) Consumer Confidence, Survey (5,000
USD/CAD Outlook – Aug 29-Sep 2
The Canadian dollar has traded in a choppy manner against the greenback, especially after the release of US GDP. Gross domestic product in Canada is the main event this week. Here’s an outlook for the Canadian events and an updated technical analysis for the Canadian dollar. Last week Retail sales gained 0.7% above the 0.6% increase expected
Forex Daily Outlook – July 29 2011
Advance GDP in the US and Nationwide HPI in the UK are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Advance Gross Domestic Product (GDP), quarterly index to measure the inflation-adjusted value of all services and goods manufactured by the economy; small reduce to 1.6% this
USD/CAD Outlook – July 25-29
After reaching multi year highs against the greenback, the Canadian dollar took some air. Where will it go from here? Gross domestic product is the highlight of this week. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar Last week brought good tidings for the Canadian economy with strong figures
Forex Daily Outlook – July 4 2011
We start the week with Construction PMI in the UK and RMPI in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Raw Materials Price Index (RMPI) monthly measurement to value the price change of raw supplies acquired by manufacturers, after a rise to 6.8% on the last
USD/CAD Outlook – Jul 4-8
The Canadian dollar enjoyed rising oil prices and general optimism to make nice gains. Housing and employment data are the major events this week. Here’s an outlook for the Canadian events, and an updated technical analysis for the Canadian dollar Last week GDP reading showed Canadian economy started Q2 with no change after a previous
USD/CAD Outlook May 30 – June 3
USD/CAD ticked up for another week. And now, Canadian GDP and and the rate decision are the main market-movers this week. Here is an outlook on the major events ahead and an updated technical analysis for USD/CAD. The weakness in the US economy weighs on Canada as well. The US is Canada’s main trade partner.
Forex Daily Outlook – March 30 2011
ADP Non-Farm Employment Change in the US and much more exciting events. Let’s see what awaits us today. In the US, ADP Non-Farm Employment Change, number of employed people during the previous month, excluding the farming industry and government is about to reduce by 11K, and accounts for a majority of overall economic activity
Canadian Dollar –Mar 28- Apr 1
GDP is the major event this week after Canada dived into a political crisis. Here is an outlook on the market movers ahead and an updated technical analysis for USD/CAD. The Opposition New Democratic Party rejected the budget plan issued by Finance Minster Jim Flaherty last Tuesday even though the budget plan contains items requested
Forex Daily Outlook – March 2 2011
Fed Chairman Bernanke continues to testify in Washington DC, ADP Non-Farm Payrolls will provide a hint towards the NFP and much more important events are due. Let’s see what awaits us today. In the US, Federal Reserve Chairman Ben Bernanke, due to testify on the semi-annual monetary policy report before the House Financial Services Committee,