Tag Archives: CAD
The Week Ahead in FX
In the week ahead, investors will be closely watching Wednesday’s minutes of the Fed’s most recent policy setting meeting.
Canadian September Merchandise Trade Better than Expected
The September 2013 merchandise trade deficit shrank more than expected to $0.4 billion from a $1.1 billion shortfall in August.
The Week Ahead in FX
In the week ahead, investors will be closely watching Thursday’s Senate hearing to confirm Janet Yellen as the first chairwoman of the Federal Reserve.
Canadian Housing Starts Unexpectedly Rise in October
Housing starts edged higher by 1.2% to an annualized 198,300 in October 2013, thereby defying market expectations for a 190,800 reading in the month.
Canadian Employment Rose a Modest 13,200 in October
Canadian employment in October 2013 rose a modest 13,200 although this was slightly above both market expectations of an 11,000 gain and September’s increase of 11,900.
The Week Ahead in FX
In the week ahead, investors will be awaiting the outcome of Thursday’s ECB policy meeting. On Friday the U.S. is to release the nonfarm payrolls report for October,
Weekly CFTC Trader Positioning Data
• The post-shutdown reaction in sentiment suggests that inves-tors shifted positioning on the basis of a renewed appetite for risk,
Canadian August GDP Rises More than Expected
August 2013 gross domestic product (GDP) rose 0.3% relative to expectations of a 0.1% gain in the month.
Careful Chasing CAD
CAD weakened markedly following the Bank of Canada announcement lastweek, with the Bank dropped their long-held tightening bias.
The Week Ahead in FX
In the week ahead, investors will be focused on the outcome of Wednesday’s Federal Reserve policy setting meeting.
FX Sentiment Report
• The bearish shift against the USD that had been observed to-ward the end of September continued into the start of the US gov-ernment shutdown.
Scandi central banks in focus this week
With the US government open for business once again, financial markets will receive crucial US data this week starting with non-farm payrolls later today.