USD/CAD

٢٣ يونيو ٢٠١٧

Bearish flag in downtrend.

٢٣ يونيو ٢٠١٧

ملاحظة

CAD Consumer Price Index (YoY) (May), tomorrow at 12:30 PM, GMT

The key gauge for inflation in Canada . Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items. As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar

٢٣ يونيو ٢٠١٧

ملاحظة

EXTREMELY IMPORTANT EVENT!

٢٣ يونيو ٢٠١٧

تم فتح الصفقة

Okay, I see the initial movement I wanted to see, now it's all about waiting

٢٤ يونيو ٢٠١٧

تم فتح الصفقة

٢٧ يونيو ٢٠١٧

ملاحظة