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USD/CAD Outlook – August 15-19

USD/CAD Outlook – August 15-19

The Canadian dollar was a victim of the global turmoil that began with its southern neighbor. Inflation data is the main event this week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD.  Last week the Canadian dollar touched parity with the US dollar but bounced back. Housing starts posted a good reading of 205,000

Forex Daily Outlook – August 18 2011

Forex Daily Outlook – August 18 2011

Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Consumer Price Index (CPI), measurement to value the goods and services prices, a raise -0.2% to 0.2% is forecasted this month. Meanwhile the Core CPI (excluding food and energy) is

Forex Daily Outlook – July 20 2011

Forex Daily Outlook – July 20 2011

Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, very important indicator to value the number of new sold buildings on the passing month, is about to rise to 4.93M this

USD/CAD Outlook – July 18-22

USD/CAD Outlook – July 18-22

USD/CAD dipped into lower ground in the past week. The rate decision, BOC Press Conference, inflation data and retail sales are the highlights of a busy week. Here’s an outlook for the Canadian events, and an updated technical analysis for USD/CAD. Last week Canadian housing starts rose unexpectedly amid strong sales activity in Ontario reaching 197,400 new

Forex Daily Outlook – June 17 2011

Forex Daily Outlook – June 17 2011

Prelim UoM Consumer Sentiment and Wholesale Sales in Canada are the major events this day. Here is an outlook on the market-movers awaiting us.  In the US, Prelim UoM Consumer Sentiment, survey of 500 consumers by the University of Michigan to show consumer spending, on May raised to 74.3% and a further rise to 74.4

Forex Daily Outlook – May 18 2011

Forex Daily Outlook – May 18 2011

FOMC Minutes in the US and Unemployment Rate in the UK are the main events today.  Here is an outlook on the market-movers awaiting us In the US, FOMC Minutes (Federal Open Market Committee), 8 yearly meetings to evaluates financial, monetary conditions and how it affects the price growth

USD/CAD Outlook – May 16-20

USD/CAD Outlook – May 16-20

The Canadian dollar gave in to the greenback’s strength in the past week. CPI and Retail Sales are the highlight of this week. Here’s an outlook for the main events awaiting us this week, and an updated technical analysis for USD/CAD. New home prices in Canada were flat in March following a 0.4% rise in

Forex Daily Outlook – April 19 2011

Forex Daily Outlook – April 19 2011

US Housing data and Canadian inflation rate are the main events lined up.  Let’s see what awaits us today. In the US, Housing Starts increased by 479,000 in February less than the 575,000 expected following 618,000 in January. A rise to 520,000 is expected now

Canadian Dollar –April 18-22

Canadian Dollar –April 18-22

Inflation Rate and Retail Sales are the highlight of this week. Here is an outlook on the main events coming up and an updated technical analysis for USD/CAD. The Bank of Canada raises expectations for interest rates rises further on this year by raising the 2011 growth and inflation forecasts to 2.9% from 2.4%. Although

Forex Daily Outlook – March 17 2011

Forex Daily Outlook – March 17 2011

Unemployment Claims in the US and much more exciting events. Let’s see what awaits us today.  In the US, Unemployment Claims, filed for unemployment insurance for the first time during the past week; is about to reduce by