Canadian job data may push the CAD up
Canada will release the employment change and the unemployment rate on October 9, at 15:30 MT time.
An important indicator may support the USD
The United States will release the level of preliminary GDP growth on August 29, at 15:30 MT time.
The GDP growth shows the change in the value of all goods and services produced by the economy. Economists pay attention to this indicator as it represents the economic activity of a country. According to the forecasts, the indicator will advance by 2%.
• If the actual level of indicator is higher than the forecast, the USD will rise;
• If the actual level of indicator is lower than the forecast, the USD will fall.
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Keep an eye on US inflation data
The United States will publish CPI and core CPI on September 11, at 15:30 MT time.
Canadian GDP: the end of loonie’s consolidation?
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
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All attention to Euro
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