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.
Bitcoin and Ethereum inch down
On Tuesday, Bitcoin went down, while Ethereum, Bitcoin's closest counterpart, tumbled too.
Bitcoin sank to $2,690.3, on the U.S.-based GDAX exchange, sliding 2.56%.
The previous week Bitcoin tacked on, climbing to a maximum of $2,953.5 on July 19, shrugging off its record peak of $3,000 reached in June.
Prices grew after the previous week Bitcoin dodged a split into two independent currencies when its network backed a proposal on upgrading to its software for the purpose of speeding up transactions on the Bitcoin network.
According to reports, the upgrade to Bitcoin's network won’t occur until autumn.
The support of Bitcoin miners, making up almost 80% of Bitcoin’s computer power turned to be crucial in ‘locking-in’ the software upgrade, known as Bitcoin Improvement Proposal 91.
At the same time, Ethereum mirrored Bitcoin’s dip, sagging 5.18% to $215.00, rebounding further from its all-time maximum of $419.3 hit on June 11.
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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
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!
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