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  1. Trading the News: Canada GDP - USD/CAD to Threaten Bearish Formation as Weak Canada 3Q GDP

    by , 11-28-2014 at 10:00 AM
    - Canada Gross Domestic Product (GDP) to Slow for Second-Time in 2014.
    - Growth Rate to Hold Above 2% for Second Consecutive Quarter.

    Trading the News: Canada Gross Domestic Product (GDP)

    Canada’s 3Q Gross Domestic Product (GDP) report may generate a near-term bounce in USD/CAD as the growth rate is expected to increase an annualized 2.1% following the 3.1% expansion during the three-months through June.

    What’s Expected:

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  2. Trading the News: U. of Michigan Confidence

    by , 08-15-2014 at 09:03 AM
    - U. of Michigan Confidence Survey to Rebound Following Unexpected Decline in July.
    - Expected to Hold Above 80.0 for Ninth Consecutive Month.

    Trading the News: U. of Michigan Confidence

    A rebound in the U. of Michigan Confidence survey may generate a bullish reaction in the U.S. dollar (bearish EUR/USD) as it raises the outlook for growth and inflation.

    What’s Expected:


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