Top 4 trading opportunities of December 12
The GBP traders await the outcome of the election, while the euro may follow the words of the new ECB president Christine Lagarde. Read more!
Trade the Canadian dollar on the economic releases
Consumer price index (CPI) and core retail sales for Canada will be published at 15:30 MT time on November 23.
Consumer price index shows a change in the price of goods and services purchased by consumers. It has a direct connection with the level of overall inflation. Core retail sales demonstrate a change in the total value of sales excluding automobiles. It indicates the economic conditions of a country, as consumers tend to spend more when the economic conditions are stable. Last month both of the indicators dropped by 0.4%, despite the forecasts of increase by 0.1%. However, this month they have a chance to recover.
• If the actual data are higher than forecasts, the CAD will rise.
• If the actual data are lower than forecasts, the CAD will fall.
Similar
FOMC meeting: the aftermath
The Federal Reserve had the meeting on Wednesday - we take the first look at the results and try to understand what's coming next.
Currency market on December 10
EUR is falling against the GBP, rising against the USD but not for long
Latest news
Top 4 trading opportunities of December 12
The GBP traders await the outcome of the election, while the euro may follow the words of the new ECB president Christine Lagarde. Read more!
FOMC meeting: the aftermath
The Federal Reserve had the meeting on Wednesday - we take the first look at the results and try to understand what's coming next.
Opinion polls cast a shadow on the GBP
YouGov, the key organization tracking the UK public opinion has released its final report ahead of the vote that will take place on Thursday, December 12.
Deposit with your local payment systems
