Canada will release the level of employment change and unemployment rate on October 11, at 15:30 MT time
Tag - cad
The US inflation data, Canadia employment, and continuation of trade talks are anticipated...
The new week may bring us new trading opportunities!
Times are quite turbulent for the British pound. GBP/CAD has already retraced down 61.8% of the August-September advance.
Pay attention to the following events in the markets
Let's find out the trading opportunities for this week.
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The FOMC meeting is on the agenda. Will the Fed keep its rate on hold or not?
Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
Oil continues to gain attention, that is why the CAD may get stronger again...
Pay attention to the FOMC meeting, where the rate cut is expected. Also, it is recommended to keep an eye on the oil prices, updates on trade talks between the USD and China and, of course, Brexit.
What event will shake markets in the upcoming days