By FXEmpire.com
Analysis and Recommendations:
The USD/CAD closed the week at 1.0203 almost flat from the open, the only eco news around the world today was in Canada and all releases were positive and a bit above but still could not put a dent in price. It seems that around the world markets took the day off, no eco data, no news and little on the political scene. Most pairs ended the day pretty flat.
FxEmpire provides in-depth analysis for each currency and commodity we review. Fundamental analysis is provided in three components. We provide a detailed monthly analysis and forecast at the beginning of each month. Then we provide more up to the data analysis and information in our weekly reports.
Eco Data for May 18, 2012 actual v. forecast
|
May 18 |
13:30 |
Core CPI (MoM) |
0.4% |
0.3% |
0.3% |
|
|
13:30 |
CAD |
CPI (MoM) |
0.4% |
0.3% |
0.4% |
|
|
13:30 |
CAD |
CPI (YoY) |
2.0% |
2.0% |
1.9% |
Upcoming Economic Events that affect the CAD and USD
|
May 22 |
14:00 |
USD |
4.48M |
|
|
May 23 |
12:30 |
CAD |
0.5% |
|
|
12:30 |
CAD |
-0.2% |
||
|
14:00 |
USD |
328K |
||
|
14:30 |
USD |
|||
|
May 24 |
12:30 |
USD |
-0.8% |
|
|
12:30 |
USD |
|||
|
12:30 |
USD |
-4.0% |
||
|
May 25 |
TBD |
ALL |
||
|
13:55 |
USD |
Government Bond Auctions (this week)
Date Time Country
May 21 09:10 Norway
May 21 09:30 Germany
May 21 10:00 Belgium
May 22 08:30 Holland
May 22 08:30 Spain
May 22 17:00 US
May 23 09:10 Sweden
May 23 09:30 Germany
May 23 14:30 Sweden
May 23 17:00 US
May 24 15:30 Italy
May 24 17:00 US
May 25 15:30 Italy
Click here for updated USD/CAD News.
Originally posted here
