Final Opportunity for the CAD
Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.
The jobs data may push the CAD up
Canada's jobs data is expected on February 8, at 15:30 MT time.
The employment indicators are very important, as they show the level of consumer spending in the country. Last time the actual figures supported the CAD. In particular, the level of employment change reached 9.3 thousand jobs (vs. the forecast of 6.8 thousand) and the unemployment rate fell to 5.6% (vs. the forecast of 5.7%). If this time the situation repeats itself, the CAD will be stronger.
• If the employment change is higher and the unemployment rate is lower than the forecasts, the CAD will move up;
• If the employment change is lower and the unemployment rate is higher than the forecasts, the CAD will fall down.
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Bank of England’s Statement
The Bank of England will announce its policy statement on December 16, Thursday, at 14:00 GMT+2 (MetaTrader time). It will affect all the pairs with the British pound.
Key Event for All Forex: Fed Statement
The US central bank, Federal Reserve, will announce its decision on further monetary policy on December 15 at 21:00 MT.
Latest news
What Will Bring the Core PCE Price Index Release?
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The Big Release for the USD
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
Will New Zealand’s Central Bank Boost the NZD?
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
