
Happy Wednesday, traders! We went through the Internet and found the best news for you, take a look!
Do you want to trade the Canadian dollar this week? Take the opportunity and follow the release of Canadian GDP on January 29, at 15:30 MT time!
Instruments to trade: USD/CAD, CAD/JPY, EUR/CAD
This week is full of GDP releases. After the US data, we get the Canadian one. Traders are usually excited for these indicators, as they represent how well an economy is doing in the current conditions. Last month's GDP for Canada was great. It came out at +0.4%, while analysts expected +0.3%. At the same time, it was one of the lowest increases since the economy has started to recover. Despite that, the CAD strengthened that day. Now we are facing a crucial moment for the USD/CAD pair, as it consolidates at the multi-year lows. Thus, a famous question "a breakout or a reversal" of USD/CAD may be answered this Friday.
Happy Wednesday, traders! We went through the Internet and found the best news for you, take a look!
The US Bureau of Labor Statistics will release its Consumer Price Index and many other critical events that will move the market this week!
It’s Wednesday, my fellow traders! The day is filled with news and events you need to know, and here’re some of them.
A new trading week is coming…
News is always important part of the market. What do we expect today?
What a day was yesterday! Let’s jump right in!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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