
We prepared an outlook of major events of this week. Check it and be ready!
Don’t waste your time – keep track of how NFP affects the US dollar!
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Canada will release its GDP growth rate at 15:30 MT time on November 29. The indicator represents the change in the inflation-adjusted value of all goods and services produced by the economy. It shows the economic health of a country. If it increases, the central bank considers raising the interest rate. As a result, the Canadian dollar gets stronger. During the previous release, the indicator came out lower than the forecasts. It advanced only by 0.1% (vs. the forecast of +0.2%). Let’s see what to expect this time.
• If the indicator is greater than the expectations, the CAD will go up.
• If the indicator is weaker than the expectations, the CAD will go down.
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Now traders follow the economic events with new vision as inflation in the US seems like decreasing. Let’s see what releases will influence the market due to that factor.
Credit Suisse's collapse is in focus. What are the consequences of this problem? Let's discuss it here.
In this review, we will discuss important news for the following week. What will affect the financial markets soon? How will the main currency pairs react?
The RBA and the Bank of Canada will add volatility to the AUD and the CAD, while USD is expected to be boosted by the Non-farm payrolls.
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