Category Archives: CAD News Data

The future and week of July 5 – 10, 2020

The deviation for the NFP was huge but the spike was only about 20 with an instant retracement. It is difficult to say when the markets will start behaving normally again, but it is impossible to make any money in … Continue reading

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Forex News Trading: Trade for Tuesday, June 30, 2020

8:30 AM EDT CAD GDP USD/CAD The GDP is forecast to drop from -7.2% to -10.5%. I personally would not expect a big move, or even a small move, if they miss their guess by a lot. We are still … Continue reading

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Forex News Trading: Trades for week of June 28 – July 3, 2020

The one trade this past week was an interest rate that did not change. For the upcoming week the trades I will post are: Tue 8:30 AM – CAD GDP Thu 8:30 AM US Non-Farm Employment Change The CAD trade … Continue reading

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Forex News Trading: Trades for Wednesday, June 17, 2020

8:30 AM EDT CAD CPI USD/CAD The forecast is for the CPI number to go from -0.7% to 0.8%, a 1.5% change. It is expected the economy in Canada is recovering quickly also. Not sure if we will see much … Continue reading

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Forex News Trading: Trades for week of June 14 – 19, 2020

This past week had only 2 trades. The US interest rate remained the same. The CPI deviated by only .1 though it came back from -0.8% to -0.1%. I missed the trade so not sure if there was any movement. … Continue reading

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Forex News Trading: Trades for Friday, June 5, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD There is no sense in looking at the history of this. The forecast is for 8 million more unemployed and the unemployment rate going up roughly 5% from 14 to 19. These … Continue reading

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Forex News Trading: Trade for Wednesday, June 3, 2020

10:00 AM EDT CAD Overnight Rate USD/CAD Every economist interviewed thinks the BoC will keep the rate at 0.25% all the way till the end of 2021, indicating an expectation of a long slow recovery. I would expect they modify … Continue reading

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Forex News Trading: Trades for week of May 30 – June 5, 2020

It seems like forever since we did any real trading. The unemployment numbers are starting to level off so it looks like the worst is over, though the recovery will be slowed because each state is opening up at a … Continue reading

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Forex News Trading: Trades for Friday, May 8, 2020

8:30 AM EDT US Non-Farm Employment Change XAU/USD History certainly doesn’t matter here. The forecast is for 21,400,000 lost jobs and the unemployment rate jumping from 4.4% to 16%. Like last month this could be off by millions and it … Continue reading

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Forex News Trading: Trades for week of May 3 – 8, 2020

I didn’t do any of the trades last week, anticipating none would have any movement and not wanting to take the risk, so not sure if there was any movement. Some things are starting back up now so from a … Continue reading

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