Forex binary option trade forex binary option

Tag: canada

Canada: Building permits, August 2018

Canadian municipalities issued $8.1 billion worth of building permits in August, up 0.4% from July. Strength in the non-residential sector drove the increase, while the residential sector declined for the third consecutive month. Non-residential sector: High value projects drive the increase In the non-residential sector, $3.2 billion worth of permits were issued in August, up […]

Italy and China drag markets lower

Markets lower as we head towards quiet US session A bank holiday in the US and Canada on Monday should ensure we see thin trade at the start of the week, with news flow and economic releases from that side of the pond also likely being fairly muted. Of course we can never account for […]

Week Ahead – Dollar Slows Down After US Jobs Miss

The US dollar was mixed Friday. The greenback advanced against the commodity currencies (CAD, AUD AND NZD) edging higher against the CHF, but was lower agains the JPY and the EUR. The GBP deserves a special mention as positive Brexit rumours pushed it 0.61 percent higher against the USD. The American currency lost momentum as […]

Money FM with Craig Erlam – Italy, Brexit, USMCA

Why is Italy threatening to sue the EU? And will disagreements over the Irish border sink Brexit?  Michael Switow from Money FM asks Oanda’s Craig Erlam. Dollar Stronger Ahead of Jobs Report OANDA Market Beat Podcast Posted 2 minutes ago USD/JPY – Yen rebounds, investors eye Japanese consumer reports Posted 6 minutes ago Strong USD […]

Key differences between NAFTA and USMCA

The Trump administration’s new trade deal with Canada and Mexico leaves much of the old North American Free Trade Agreement intact. There are some key differences, however, particularly when it comes to the dairy and auto industries. The updated agreement, the subject of more than a year of intense negotiations between the countries, includes some […]

GBP/CAD – Vulnerable to further downside (video)

Nick Batsford, CEO of Core London is joined by Craig Erlam, Senior Market Analyst at OANDA to discuss GBPCAD. Craig explains why he believes the pair could be vulnerable to further selling given the Brexit uncertainty, USMCA deal and rising oil prices. USD/CAD – Canadian dollar subdued ahead of ADP nonfarm payrolls Posted 4 minutes […]

Italian spending plans and euro commitment weigh

USMCA boost short-lived US stock markets are expected to open around half a percent lower on Tuesday, reversing much of Monday’s gains as investors quickly move on from the positive trade developments in North America. Investors were clearly buoyed by the USMCA announcement at the start of the week, with the deal removing one of […]

USD/CAD Canadian Dollar Rises as GDP Data Validates October Rate Hike

The Canadian dollar rose on Friday after the monthly gross domestic product (GDP) beat the forecast with a 0.2 percent gain. The loonie is up almost 1 percent on the final day of the trading week. The currency is still showing a weekly loss against the greenback as NAFTA uncertainty and the U.S. Federal Reserve […]

Gold Shines Ahead of FOMC

Gold is trading above the $1,200 price level at the start of the FOMC meeting in Washington. The U.S. Federal Reserve is highly anticipated to announce a 25 basis points rate lift on Wednesday. The move has already been priced in, but gold traders will be on the look out for insights on the economic […]

Canada: Wholesale trade, July 2018

Wholesale sales rose for the third time in five months, up 1.5% to $63.9 billion in July, more than offsetting the 0.9% decline in June. Sales were up in four of seven subsectors, representing approximately 66% of total wholesale sales. The personal and household goods; food, beverage and tobacco; and motor vehicle and parts subsectors […]