- U.S. Consumer Price Index (CPI) to Slow for Third Consecutive Month. - Core Rate of Inflation to Hold at Annualized 1.7% for Second Month. Trading the News: U.S. Consumer Price Index (CPI) A further slowdown in the U.S. Consumer Price Index (CPI) may spark a bearish dollar reaction (bullish EUR/USD) as the majority of the Federal Open Market Committee (FOMC) remain in no rush to normalize monetary policy. What’s Expected: ...
- Canada Consumer Price Index (CPI) to Slow After Holding at 2.1% for Last Two-Months. - Core Inflation to Retain the Fastest Pace of Growth Since April 2012. Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s Consumer Price Index (CPI) may generate a further advance in USD/CAD as it gives the Bank of Canada (BoC) greater scope to retain its current policy throughout the remainder of 2014. What’s Expected: ...
- Canada Employment to Increase for Fifth Month in 2014. - Jobless Rate to Hold at Annualized 7.0% for Third Consecutive Month. Trading the News: Canada Net Change in Employment The USD/CAD may face a larger pullback going into the end of the week should Canada’s Employment report show a meaningful rebound in job growth and fuel interest rate expectations. What’s Expected: Why Is This Event Important: ...
- U.S. Non-Farm Payrolls (NFP) to Pick Up From Lowest Print Since . - Jobless Rate to Hold at 6.1% for Second Consecutive Month. Trading the News: U.S. Non-Farm Payrolls A pickup in U.S. Non-Farm Payrolls (NFP) may spur a further decline in the EUR/USD as the Federal Reserve is widely expected to halt its quantitative easing (QE) program at the October 29 policy meeting. What’s Expected: Why ...
- European Central Bank (ECB) to Announce Further Details Surrounding Non-Standard Measures. - Will ECB President Mario Draghi Talk Down the Euro? Trading the News: European Central Bank (ECB) Interest Rate Decision Further details surrounding the European Central Bank’s (ECB) asset-back securities (ABS) and covered-bond purchase program may heighten the bearish sentiment surrounding the Euro, but we may see a relief rally in the EUR/USD should the Governing Council ...