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. In Australia, New Motor Vehicle Sales are released at the beginning of the day, while the CB Leading Index is released near the end of the day. For more on the Aussie, read the AUD/USD forecast. The Canadian dollar showed strength as it didn’t lose any technical barriers last week, riding on strong inflation numbers. Canada’s retail sales are released today: retail sales are predicted to rise by 0.9%, almost like last month’s rise. Core retail sales are predicted to rise by only 0.5%, half of last month’s 1.1% gain. For more on USD/CAD, check out the Canadian dollar forecast. In New Zealand, Current Account is predicted to turn negative, with a big deficit of 2 billion NZD. That’s it for today. Happy forex trading! Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Forex Daily Outlook – December 22nd 2009 Yohay Elam 13 years 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. In Australia, New Motor Vehicle Sales are released at the beginning of the day, while the CB Leading Index is released near the end of the day. For more on the Aussie, read the AUD/USD forecast. The Canadian dollar showed strength as it didn't lose any technical barriers last… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
