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.
Tag - cad
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
Last week USD/CAD was rejected on the upside: the pair failed to settle above 1.3350.
How American and Canadian jobs data will affect markets
Risk aversion has subsided on some positive news, but are we already out of the woods? Watch the analysis for EUR/USD, GBP/USD, USD/JPY and other key currency pairs.
Check what events will shake the markets on September 4
The global economy is in real danger. Will the central banks come to save the day?
It's an important day for GBP/USD. In addition, the Bank of Canada's meeting will influence USD/CAD. Learn more about these and other currency pairs!