Currencies wrap: the best, the worst, the most volatile
Here we gathered the best and the worst performers of the week and the most volatile pairs .
An important release for the CAD
Canada anticipates the release of its trade balance on July 3, at 15:30 MT time.
The indicator represents the difference in value between imported and exported goods during the month. Higher figures are better for the loonie. Last time the indicator turned out to be negative. However, it was better than the expectations (- 1.7 billion vs. -2.8 billion expected). As a result, the CAD rose. Let’s see what is going to happen this time.
• If the indicator is higher than the forecasts, the CAD will go up;
• If the indicator is lower than the forecasts, the CAD will go down.
Similar
ECB: what’s next for the euro?
The European Central Bank will meet today to discuss the current monetary policy and the fate of the quantitative easing program
Retail data may shake the loonie
Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
Latest news
How to trade CAD ahead of the GDP release?
Canada will publish its monthly GDP growth rate at 15:30 MT on January 31.
PFIZER: will it repeat the jump?
The famous pharma giant Pfizer is going to release its earnings report on January 28 at 17:00 MT time.
Will the BOE manage to keep the GBP standing?
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.
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