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 .
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
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 are things with Facebook?
The Facebook earnings report is coming at 00:00 MT time on January 30.
Can you ride the tide with Apple?
Apple earnings report is released at 00:00 MT time on January 29.
Get ready for FOMC meeting
The US Fed Funds Rate announcement and Press Conference will be at 21:00 MT on January 29.
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