Thursday, September 23, 2021, 13:00 Monetary Policy Summary, GBP

Thursday, September 23, 2021, 13:00 Monetary Policy Summary, GBP It’s among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic […]

Wednesday, September 22, 2021, 20:00 FOMC Economic Projections, USD

Wednesday, September 22, 2021, 20:00 FOMC Economic Projections, USD This report includes the FOMC’s projection for inflation and economic growth over the next 2 years and, more importantly, a breakdown of individual FOMC member’s interest rate forecasts. It’s the primary tool the Fed uses to communicate their economic and monetary projections to investors.

Thursday, September 16, 2021, 14:30 Core Retail Sales, USD

Thursday, September 16, 2021, 14:30 Core Retail Sales, USD Measures change in the total value of sales at the retail level, excluding automobiles; Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge […]

Wednesday, September 15, 2021, 14:30 CPI, CAD

Wednesday, September 15, 2021, 14:30 CPI, CAD Measures change in the price of goods and services purchased by consumers; Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate. Previous: 0.6% […]

Tuesday, September 14, 2021, 14:30 Core CPI, USD

Tuesday, September 14, 2021, 14:30 Core CPI, USD Measures change in the price of goods and services purchased by consumers, excluding food and energy. The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of […]

Friday, September 10, 2021, 14:30 Employment Change, CAD

Friday, September 10, 2021, 14:30 Employment Change, CAD Measures Change in the number of employed people during the previous month. This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts. Job creation is an important leading indicator of consumer spending, which accounts for […]

Thursday, September 9, 2021, 14:30 ECB Press Conference, EUR

Thursday, September 9, 2021, 14:30 ECB Press Conference, EUR It’s the primary tool the ECB uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the […]

Wednesday, September 8, 2021, 16:00 BOC Rate Statement, CAD

Wednesday, September 8, 2021, 16:00 BOC Rate Statement, CAD It’s the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the […]

USDCAD Reached target at 1.2500

USDCAD Reached target at 1.2500 USDCAD has reached the level predicted by our analysis yesterday. The level of 1.2500 from our analysis yesterday was reached and looks bearish traders took some profit out. This level was marked as the first target for all traders who took the opportunity to trade USDCAD after breaking the POC. […]