Will the euro stand firm?
The European unemployment rate is announced on Wednesday at 12:00 MT time.
Retail sales are moving this week
Information is not investment advice
Canada will publish the monthly retail sales and core retail sales on November 20 at 15:30 MT time.
Instruments to trade: USD/CAD, CAD/JPY, EUR/CAD
The indicator of retail sales shows the change in the total value of sales at the retail level. The core version of this indicator is almost the same but without automobile sales. Last time, both indicators were not so encouraging. While the headline indicator increased by 0.4% (vs. +1% expected), the core one rose only by 0.5% (vs. the forecast of +0.9%). The Canadian dollar weakened after the release.
- If the indicators are higher than the forecasts, the CAD will go up;
- If the indicators are lower than the forecasts, the USD will go down.
Similar
Starting winter with optimism
EUR/USD, the S&P 500, gold, and oil - everything is here! Jump in!
Will the RBA support the Aussie?
The Reserve Bank of Australia announces the cash rate on Tuesday at 05:30 MT time.
Popular
Will the euro stand firm?
The European unemployment rate is announced on Wednesday at 12:00 MT time.
Starting winter with optimism
EUR/USD, the S&P 500, gold, and oil - everything is here! Jump in!
Will the RBA support the Aussie?
The Reserve Bank of Australia announces the cash rate on Tuesday at 05:30 MT time.
Choose your payment system
