Forex - Canada Consumer Price Index grew 1.2% y-o-y in Dec; core
Canada Consumer Price Index grew 1.2% y-o-y in Dec; core CPI, 2.4% up
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Australian Dollar May See Extended Losses On Weak Inflation Data
The Australian dollar dropped over 400 pips on the week as troubles in the U.S. and U.K. banking systems fueled risk aversion and led to the unwinding…
strategist@dailyfx.com (John Rivera, Currency Analyst)
USD/CAD Mid-Day Outlook
USD/CAD touching of 1.2529 minor support indicates that a short term top might be in place with bearish divergence conditions in 4 hours MACD and RSI. Some consolidation could be seen now with risk of pulling back to 1.2316 support. Nevertheless, downside should be contained there and bring rally resumption….
EU Purchasing Manager Index Manufacturing Estimate, down to 33 in Jan vs 33.9 in Dec
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US Housing Price Index declines 1.8 in Nov; -8.7% down year on year
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