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1628 days ago
We start the week with Britain Final GDP, Business Outlook Survey in the Bank of Canada, Chairman Ben Bernanke speech in Washington DC and more interesting news. In the US, Federal Reserve Chairman Ben Bernanke; delivers a speech titled “Restoring the Flow of Credit to Small Business” at the Financing Needs of Small Business Forum, in Washington DC, and have an influence on the nation’s currency value. Later in the US, Federal Open Market Committee (FOMC); Governor Elizabeth Duke delivers a speech titled “Small Business Credit: Next Steps” at the Financing Needs of Small Business Forum, in Washington DC; and affect the nation’s key interest rates and future monetary policy. Moving on to Canada, Bank of Canada (BOC) Business Outlook Survey of about 100 businesses examining the relative level of general business conditions, such as sales growth, investment in machinery, employment, inflation expectations, and credit conditions; a highly respected Survey related to the nation’s GDP. It’s a leading signal of future economic activity.

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ivanyongforex 1624 days ago
Basket breaking two lower level to Daily Short Level about 1400pips. This happen after these news bad results released on TIC Long-Term Purchases at 35.4B and Prelim UoM Consumer Sentiment 66.5.
ivanyongforex 1624 days ago
This week was hard week for the basket trading, the Yen pairs totally lose the direction.
ivanyongforex 1627 days ago
Basket approaching the Daily resistant level, this critical level will further upward 1250pips.