Trade the Canadian dollar on the economic data

Trade the Canadian dollar on the economic data

The levels of monthly GDP and core retail sales for Canada are expected on December 21, at 15:30 MT time.

Last time analysts forecast GDP to increase by 0.1%, however, the actual data showed a decline of 0.1%. As for retail sales, the actual data released last month outperformed the anticipated increase of 0.1% by the analysts. If this time the releases are higher than the expectations, the CAD will be supported.

• If the indicators are higher than expected, the CAD will rise;

• If the indicators are lower than expected, the CAD will fall.

Check the economic calendar

Screenshot_1.png

                                                                                                             Log In

Similar

USD is on the back foot after Trump's comments
USD is on the back foot after Trump's comments

US stocks and oil slipped as Donald Trump threatened not to sign a long-awaited stimulus bill into law. The market sentiment had been already fragile, and Trump’s comments worsened it even more.

USD drops ahead of Fed meeting
USD drops ahead of Fed meeting

The US dollar keeps dipping further, while riskier assets are rising as investors await the FOMC meeting at 21:00 MT time.

Latest news

ECB report is in focus
ECB report is in focus

The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time. 

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera