Any optimism for the Canadian labor market?
Canadian Employment Rate and Unemployment Change are announced on April 9, at 15:30.
Will the Canadian GDP make the CAD stronger?
What will happen?
Canada will publish the monthly GDP growth on March 31, at 15:30 MT time. GDP growth is one of the most important indicators of the economic activity of a country. If it recovers quickly, it gives a signal to a central bank that a monetary policy could be adjusted soon. Last time, the Canadian GDP growth revealed an economic expansion of 0.1%, as expected. The CAD had a mixed reaction to this event.
How to trade on the Canadian GDP growth?
Nothing is easier! Open our economic calendar at 15:30 MT on Wednesday and follow the rule below.
- If the GDP growth is greater than the forecast, the CAD will rise;
- Otherwise – fall.
Instruments to trade: USD/CAD, EUR/CAD, CAD/JPY
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What are the details of the FOMC meeting?
FOMC will share its Meeting Minutes on April 7, at 21:00 MT time.
How to trade EUR/USD and GBP/USD on Monday?
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Latest news
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Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
Will US inflation push USD further up?
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
USD, gold, Alibaba and more on April 12
In this article, you'll find the latest news and tech analysis of EUR/USD, gold, and GBP/USD!
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