Canada will publish retail sales and core retail sales at 15:30 MT time on December 20.
Tag - cad - canadian dollar
Inflation data may affect the direction of the British pound and Canadian dollar.
Boris Johnson's strict Brexit agenda is putting the GBP under pressure, causing it lose the December 12-13 gains.
The UK PM Boris Johnson's recent announcements leave little space for Brexit's soft landing.
A brief review of the US-China trade agreement reached on December 13 and its influence on the USD
This week is expected to be quiet, however some of the events still may have an effect on the Forex market.
American Retail Sales and Core Retail Sales may boost the USD.
The day will be highlighted by American economic releases.
British trade balance data and German ZEW Economic Sentiment Index may drive GBP and EUR accordingly today.
The main attention of traders is paid to the news concerning the US-China developments ahead of the US tariffs deadline scheduled on December 15.
Take a look at the technical set-ups of EUR/USD, NZD/USD, USD/CAD, and USD/CHF.
Black Friday for the currency market: the Non-Farm Payrolls are out!