CAD news

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Canada June manufacturing sales mm -1.8% vs -1.0% exp

Canada June mftg sales report now out 17 Aug

+1.3% prev revised up from 1.1%
ex autos -1.9% vs +0.2% revised up from +0.1%
new factory orders -3.0% vs -3.3% prev revised up from -3.6%
unfilled orders -2.1%, inventories -0.2%
inventory to sales ratio 1.36

Re: CAD news

Jimmy wrote:
Wed Jul 11, 2018 10:09 pm
Heads up: BoC Rate Statement due in just under 2 hours forecasted a rate raise of 25bps to 1.50% (Bullish CAD).

Most CAD pairs eagerly awaiting the decision to continue movement.

EURCAD (240 Minute) 2018_07_11 (10_13_36 PM).png
CADCHF went bullish 29 pips first 15 minutes.nice prediction jimmy

Re: CAD news

Yes, many CAD-pairs (too lazy to look at all of them ;) showed pretty nice move possibility in CAD-favor and TL-bouncing on M15, but the counter-movement on USDCAD was pretty awesome.
CAD InterestRateRaise 20180711.png

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