Canadian employment change data came in 52.1K for September. This was well above economists’ forecast of a 11.
By Nick Nasad | Oct 05, 2012 | FX Times
Recent Canadian economic indicators have been mixed, but remain consistent with an economy at the turn of the year that was expanding around a modest 2% pace. Improving US consumer and manufacturing activity is supporting a revival in industrial production and exports.
Mar 04, 2012 | FXEmpire
Release: CAN Employment Change (Jan) Consensus Forecast: 23.3K Previous: 17.5K Date/Time: 02/03/12 7:00AM ET (12:00 GMT)
By Nick Nasad | Feb 03, 2012 | FX Times
The Canadian Dollar moves in reaction to the US Dollar. Movements are small and easy to track and trade. The Canadian Dollar also responds to economic reports within Canada. It has little action against foreign currencies except during major moves or crisis.
Jan 23, 2012 | FXEmpire
The Bank of Canada held its overnight rate steady at 1% as expected, the 16th straight month that rates have been on hold. The statement did not give much in the way of clues as to the prospect for interest rates going forward, but ended its statement saying that "there is considerable monetary policy stimulus in Canada.
By Nick Nasad | Jan 18, 2012 | FX Times
The Bank of Canada is widely expected to keep the benchmark interest rate at 1.00% in January, but the statement accompanying the rate decision could prop up the loonie should the central bank endorse a neutral policy stance for 2012.
By David Song | Jan 17, 2012 | FX Times
Release: China Trade Balance (December) Consensus Forecast: $8.3B Previous: $14.5B Date/Time: 1/09 - 8:30PM* ET (01:30 GMT, 1/10) *Tentatively Scheduled
By Nick Nasad | Jan 10, 2012 | FX Times
The labor market in Canada saw some positive growth in December with the economy adding 17.5K jobs, nearly matching the consensus forecast of 17.8K.
By Nick Nasad | Jan 07, 2012 | FX Times
In Part 1 of today's webinar we will be reviewing the key stories that were important to financial markets in 2011 (Japan earthquake, Libya war, US losing its AAA credit rating, changes of government in Italy and Greece, and the escalation of the Euro-zone sovereign debt crisis), In part 2 we p...
By Nick Nasad | Dec 28, 2011 | FX Times
Economic activity in Canada is expected to expand at an annual pace of 3.0% in the third-quarter, and the rebound in GDP should spark a bullish reaction in the Canadian dollar as the development instills an improved outlook for the region.
By David Song | Nov 30, 2011 | DailyFX
Just one month after posting a very strong 60.9K jobs created, which was more than 3 times forecasts in September, the October reading for Canada's labor market swing 180 degrees, showing 54.0K jobs lost during the month. Forecasts had called for a 16.3K gain.
By Nick Nasad | Nov 05, 2011 | FX Times
The Canadian dollar has had a strong beginning of the week. That makes sense considering on Friday we had a stronger-than-expected release for September's consumer prices. As we know inflation is the key measuring stick for monetary policy and the data would suggest that the Bank of Canada should not be so quick to give up any tightening bias.
By Nick Nasad | Oct 26, 2011 | FX Times