The Bank of Canada will release the interest rate on October 24 at 17:00 MT time.
German Ifo Business Climate
|German Ifo business climate is the main indicator of business sentiment in the leading economy of the euro area.|
|The indicator rose to the record high in October – a sign that Germany will register strong economic growth in the fourth quarter. Good figures from Germany tend to have a positive effect on the EUR. The release at 11:00 MT time on November 24 may offer good trading opportunities in EUR/USD and other EUR pairs.|
Get the main trade ideas from today's hot topics and more clues on GBP/USD, EUR/USD and USD/JPY trading!
What this week will bring to us? The rate statements from the central banks of Canada and Eurozone, the US data, details on the Italian budget problem and even more!
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…