Dollar/CAD continued experiencing upward pressure amid the top-tier figures from Canada. The upcoming week seems a bit calmer at least if we look at the calendar, but it provides a focus on the housing sector. Where will the C$ go next? Ivey PMI: Monday, 15:00. e now receive data for October which is expected to show 60.2 points.Stephen Poloz talks: Tuesday, 17:45. The Governor of the Bank of Canada will speak in Montreal and may ...
The Australian dollar struggled to recover amid mixed data. The highlight of the upcoming week is undoubtedly the rate decision by the RBA. Will they hint about a rate cut?. Here are the highlights of the week. MI Inflation Gauge: Monday, 00:00. A return to the previous level of around 0.1% could be seen now.ANZ Job Advertisements: Monday, 00:30. The Australia and New Zealand Banking Group monitors the number of job ads as another ...
Dollar/yen got used to the 113 handle early in the week and attempts to settle above 114 were heavily fought by sellers. The Fed decision, the nomination of a new Fed Chair and the NFP all moved the pair, but the ranges were not challenged. "It certainly was a busy week. The Bank of Japan made no changes to its policy and seems to be pleased with the weaker yen. The Fed also kept interest rates unchanged. Despite an acknowledgment that ...
GBP/USD had a mixed week amid big events. The upcoming week may be calmer but still, consists of important events. The trade balance and industrial output stand out. Here are the key events. BRC Retail Sales Monitor: Tuesday, 00:01.Halifax HPI: Tuesday, 8:30. The RBS has reported three consecutive months of rises in house prices, with a surprisingly robust rise of 0.8% in September. A more modest advance is likely this time: +0.2%. ...
EUR/USD was looking for a new direction in a busy week. What’s next? The common currency faces yet another busy week with PMIs, trade balance and more. Here is an outlook for the highlights of this week. Eurogroup Meetings: Monday. The finance ministers of the euro-zone convene in Brussels to discuss current matters. The crisis in Catalonia and its economic impact, rising growth and the changes in the ECB’s policy will all be on the ...
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