
USD/CHF and EUR/CHF rose to tactical highs. What's next?
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Canada will release the level of core retail sales and CPI on March 22, at 14:30 MT time. CPI represents the change in the price of goods and services purchased by consumers. It's a very important indicator of inflation due to its early release and broad scope. CPI will be released at the same time with the level of core retail sales. Core retail sales show the change in the total value of sales, excluding automobiles. Together, they may provide great volatility to the loonie. Last time, CPI increased by 0.1% (lower than the forecasts), while core retail sales remained at the same level. Will the indicators outperform the forecasts this time?
• If the actual levels of indicators are higher, the CAD will go up;
• If the actual levels of indicators are lower, the CAD will go down.
USD/CHF and EUR/CHF rose to tactical highs. What's next?
Eurozone, France, and Germany will publish the flash services and manufacturing PMIs on February 19, from 10:15 to 11:00 MT time
Australia will publish the employment change and unemployment rate on February 18, at 02:30 MT time.
Latest news and the technical analysis fo major pairs are here!
The giant chip maker exceeded analysts’ expectations. Even with a global GPU shortage!
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
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