USD/CAD bounces from the November low

Oil, GDP and employment the focus
USD/CAD trading this week will be driven by three major events on Thursday and Friday.
The OPEC meeting on Nov 30 followed by reports on Q3 GDP and November employment will be the drivers for the pair.

Forexlive RSS Breaking News Feed 2017-11-27 15:48:35

S&P 500 higher to start a new week
I’m not sure what’s behind the latest pop in the US dollar. USD/JPY climbed to 111.15 from as low as 110.88.
Shares of Amazon are higher today but ShopperTrak is out with a report saying traffic at physical stores…

Forexlive RSS Breaking News Feed 2017-11-27 15:39:55

Haldane on the Bank of England’s education and communication strategy
Most of Haldane’s speech today focused on financial literacy.
"There is an understanding deficit and a trust deficit in economics," he said. Haldane didn’t address monetary…

USD/JPY breaks 111.00, hits a two month low

Thursday’s low gives way
It’s not looking good for the US dollar.
Last week the dollar bulls brushed aside the losses and technical breakdowns because of thinner liquidity. Now, with everyone back from holidays, the direction is the same.

Forexlive RSS Breaking News Feed 2017-11-27 14:49:24

The rally continues
The newspapers in the UK are dominated with the news that Price Harry is engaged to Meghan Markle.
That will likely bury Brexit news for a few days and give Theresa May a short respite. A that the EU is about to hit May with a…

Forexlive RSS Breaking News Feed 2017-11-27 14:20:10

What’s on the economic calendar
It’s a busy week but it will be a slower start with a light economic calendar ahead.
The focus stays on the pound early on with the BOE’s Haldane speaking in Birmingham on the central bank’s communication and education s…