1Finance

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?

1. Ivey PMI: Monday, 15:00. e now receive data for October which is expected to show 60.2 points.
2. Stephen Poloz talks: Tuesday, 17:45. The Governor of the Bank of Canada will speak in Montreal and may respond to the latest data: the jobs report and the GDP publications. He may hint about monetary policy in 2018.
3. Housing Starts: Wednesday, 13:15. 220K is expected now.
4. Building Permits: Wednesday, 13:30.
5. NHPI: Thursday, 13:30. A small gain of 0.2% is projected now.

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