USD/BRL: the Brazilian currency just lost 7% of value to the USD
Brazil is struggling on both the humanitarian and the financial frontы. As a result, Brazilian real is weakening
Important indicators may affect the CAD
Canada will release CPI and trade balance data on April 17, at 15:30 MT time.
Consumer price index represents the change in the price of goods and services purchased by consumers. This is the most important inflation-related release. As for trade balance, it shows the difference in value between imported and exported goods. Last time CPI advanced by 0.7% (vs. expected 0.6%). At the same time, Canada's trade balance declined by $4.2 billion. If the actual figures are higher this time, the CAD will go up.
• If the actual levels of indicators are higher than the forecasts, the loonie will rise;
• If the actual levels of indicators are lower than the forecasts, the loonie will fall.
Similar
Job data for Canada: a relief or another disappointment?
Canada will publish employment change and an unemployment rate on Friday, at 15:30 MT time.
CHF: losing value
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Latest news
All eyes on US retail sales
US retail sales will be out on Thursday, April 15, at 15:30 MT. It is a significant release for traders as it will impact the US dollar.
JPMorgan's Q1'2021 earnings beat expectations!
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
NZD will be driven by RBNZ
The Reserve Bank of New Zealand will hold a meeting on Wednesday, April 14, at 05:00 MT.
Deposit with your local payment systems
