Plenty of Europen releases may create mixed outcome. Canadian Retail Sales level may affect the CAD. Check levels for EUR/USD, USD/CAD, XAU/USD, and USD/JPY.
Tag - cad
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.
The sideways trading of USD/CAD may be finally over after the meeting of the Bank of Canada at 17:00 MT time.
The most important event of the day is the meeting of the BOC.
Check levels for EUR/USD, AUD/USD, NZD/USD, and USD/CAD.
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
The current trading week is going to be quite eventful!
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.
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.