Tag - cad - canadian dollar

China reported it is ready to cut the trade-war tariffs imposed on some goods imported from the US by 50%. Let's check whether market sentiment improved.

Trade Balance data will affect the USD and the CAD. Check levels for USD/CAD, USD/JPY, EUR/USD, and XAU/USD.

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…

Plenty of Europen releases may create mixed outcome. Canadian Retail Sales level may affect the CAD. Check levels for EUR/USD, USD/CAD, XAU/USD, and USD/JPY.

USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.

The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.

The sideways trading of USD/CAD may be finally over after the meeting of the Bank of Canada at 17:00 MT time.

The most important event of the day is the meeting of the BOC.

Check levels for EUR/USD, AUD/USD, NZD/USD, and USD/CAD.

The current trading week is going to be quite eventful!