This past week there was only 1 trade on the books at the beginning of the week, and that was the US CPI. As expected, due largely to this virus, there was no movement on the small deviation.
It looks like the BoC decided to lower their rate by 0.50% in an emergency meeting and this showed up in Forex Factory this morning (Friday) even though it appears to have happened at the beginning of the week. The USD/CAD is up 600 pips since the beginning of the week.
Anyway, with the virus scare all trades are way more risky. The trades I will post are:
Wed 8:30 AM – CAD CPI
Wed 2:00 PM – US Federal Funds Rate
Wed 4:45 PM – NZD GDP q/q
Wed 7:30 PM – AUD Employment Change
NOTE – The times of these trades appears to be messed up on Forex Factory. They have the CAD and US trades one hour earlier than I show here. Be sure to check the post on Tuesday for the correct time of all four trades.
Have a great weekend and stay safe.