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- 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 ...
- U.S. ISM Manufacturing Survey Expected to Fall Back from Highest Reading Since March 2011. - Even Though Employment Component Narrowed in August, Still Marked the Second-Highest Print for 2014. Trading the News: U.S. ISM Manufacturing A downtick in the ISM Manufacturing survey may generate a bearish dollar reaction (bullish EUR/USD) should the data print dampen the outlook for growth and inflation. What’s Expected: ...
- Euro-Zone Consumer Price Index (CPI) to Mark the Slowest Pace of Growth Since October 2009. - Core Inflation to Hold Steady at 0.9% for Second Straight Month. Trading the News: Euro-Zone Consumer Price Index (CPI) A further slowdown in the Euro-Zone’s Consumer Price Index (CPI) may prompt fresh monthly lows in the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to implement more non-standard measures. What’s Expected: ...