This week will bring us central bank statements and important economic indicators related to the main currency pairs. Read on to see which ones will be affected.
Tag - cad - canadian dollar
US-China agreement was priced in. Thus, markets are calm. The only important event of the day is US retail sales level.
American iInflation data may affect the USD. Safe-haven assets are down ahead of the agreement between the US and China.
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.
This week will be shaped by the American NFP release in line with other indicators, all set between the US-China trade deal expectation and the US-Iran conflict escalation.
The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.
Ivey PMI will be announced at 17:00 MT time on January 7.
The US dollar has been trying to recover after the suffering in the last days of 2019.
No important events in the economic calendar but the technical picture is promising. Let's take a look at AUD/USD, NZD/USD, USD/JPY, and USD/CAD.
Markets will be closed earlier due to coming Christmas. However, it's not a reason to avoid trading.
Market sentiment was supposed to improve due to the positive comments about US-Sino trade tensions.
Canada will publish retail sales and core retail sales at 15:30 MT time on December 20.