USDCAD prepares for changes in monetary policy
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of September. The data will be published before the decision that the Bank of Canada will take on the current monetary policy on October 27. The entity maintains the purpose of the recovery of the economy through the […]
The US CPI fell
On Wednesday the Bureau of Employment Statistics of the United States will publish, as every month, the Consumer Price Index of the country. The September data will be known at 9.30 am Argentina (GMT-3). Estimates project that the CPI for the last month remains around 3%, showing a slowdown since June. The global context […]
High Impact Week: Australian, New Zealand Interest Rate, US and Canada Job Payrolls.
Already entered the last momentum of 2021 but in retreat. This week Australia and New Zealand will review their interest rates. New Zealand is forecast once again to raise its interest rates. In the previous month the forecast was failed and now we will see what happens this Tuesday. The higher NZDUSD price is one […]
High Impact Week: FOMC, BOE and Elections in Canada. Impact on dollar and pound this week
A stable market opening is expected given the activity of the central banks for this Wednesday and Thursday. Canada’s government elections will have a possible impact on the Canadian dollar. Volatility would be expected during Monday due to results. On Wednesday 3:00 pm EST we await the result of the FOMC review: announcements of cuts […]
Hit of the week: US and Canadian inflation
A few days after the central bank interest rate rally, the market is waiting expectantly for inflation data. The message from the financial centers of the world has continued to dovish in general terms. The common message has been: “gradual reduction”, “gradually lower purchase rate”, “gradual tapering”, “we will not get ahead”, “until we reach […]
Employment in Canada: On the Road to Recovery
This Friday the Statistics Office of Canada will report the country’s employment data and the evolution during the month of August. It will be the main data for the Canadian economy, since this Wednesday the Bank of Canada, as expected, decided to maintain its policy. The Bank of Canada chose to keep the asset […]
High Impact Week: Central Banks of Australia, Canada and Europe on the Move
This first week of September comes with a monetary policy combo. This week the publication of Australian interest rates is expected with a maintenance forecast. The aussie could give its correction and possible sales are expected for this Tuesday 1:30 am EST. Canada (BOC) would publish its rate decision on Wednesday 11:00 EST, forecast of […]
The dollar faces employment data
Tomorrow the US Bureau of Employment Statistics will release the unemployment rate and non-farm payrolls. We expect impact with the data that will be available from this Friday. The focus is placed on these data since, from them, the panorama will be clarified on the decisions of the FED in monetary policy. Negative results could […]
Crude seeks to recover
Crude futures posted losses this Wednesday after the decision made between the countries that make up OPEC +. BRENT and WTI posted losses of almost 2%. Crude prices have been affected in recent hours by three factors. On the one hand, the Organization of the Petroleum Exporting Countries and allies, decided to increase oil […]
High Impact Week: OPEC and American Employment Data
The dollar closed lower this week and buyers would be expected at Monday’s open. US employment data is estimated positive for this week. The highlight of the symposium were remarks by Jerome Powell who said that asset purchases could begin to slow down this year as the US economy recovers from the pandemic, but that […]