Post Tagged with: "USD/CAD"
USD/CAD Outlook – January 11-15
Looking for the latest outlook for this week? Check the full section: Canadian Dollar Forecast The Canadian dollar enjoyed the American NFP, and USD/CAD traded lower. The upcoming week is mostly about housing sector numbers that helped the loonie in the past. Here’s an outlook for the upcoming events in Canada, and an updated technical
Forex Daily Outlook – January 7th 2010
The focus shifts to Britain today that receives a rate decision. There are lots of other important events worldwide. Let’s see what’s up today: Anticipation towards the Non-Farm Payrolls prevents significant breakouts. The markets are tense towards the release on Friday
Forex Daily Outlook – January 5th 2010
The second day of 2010 is also rather busy, with American Pending Home Sales and Factory Orders, as well as German employment figures. Let’s see what’s up for today: The dollar’s weakness on Monday wasn’t enough for major breakouts. Possible breakouts were probably stopped after ISM Manufacturing PMI rose more than expected in the US.
USD/CAD Outlook – January 4-8 2010
Looking for the latest outlook for this week? Check the full section: Canadian Dollar Forecast After a holiday week without any events, the Canadian dollar expects all0important employment figures among other indicators. Will the Canadian dollar continue to hold strong against the greenback? Will it break out of range? Here’s an outlook for the major
Dollar Rally Stopped with Weak New Home Sales
The dollar rally came to a halt with the release of the disappointing American New Home Sales. The dollar weakened against (almost) all the currencies. Just before Christmas, the greenback is far enough from the highs it reached in recent days. Well, apart from one currency
Forex Daily Outlook – December 21st 2009
The short Christmas week starts with a light calendar. Canadian retail sales are the only major event. Will the dollar continue to rage? Japanese Trade Balance starts the day with an expected drop in the surplus. Later in Japan, the BOJ Monthly Report will give a broad view of the economy
USD/CAD Forecast – December 21-25
Looking for the latest outlook for this week? Check the full section: Canadian Dollar Forecast The Canadian dollar stood rather strong against the huge greenback strength and didn’t give to major technical lines. The upcoming short week includes only two releases, both important. Here’s an outlook for the upcoming week in Canada, and an updated
Forex Daily Outlook – December 18th 2009
This turbulent week comes to an end with a Japanese rate decision and important releases from Britain and Germany. Let’s see what’ up for today: Britain starts the day with the release of the GfK Consumer Confidence which is expected to rise after a disappointing fall last month to -17 points. Note that this confidence
Canadian CPI Saves Loonie from the Greenback Storm
Canadian consumer prices rose more than expected. This might lead to an early rate hike in Canada, and helps the Canadian dollar weather the huge strength of the American dollar that was a late reaction to the Fed decision. Contrary to other currencies, USD/CAD didn’t breach a technical barrier and is ready to move in
Forex Daily Outlook – December 16th 2009
A very long day expects forex traders, with the FOMC meeting in the limelight. Also note British unemployment, Australian GDP, and many more important figures. Let’s see what’s awaiting us