Canada GDP m/m 03/01/2010

Posted by Henry Liu on March 1, 2010 under CAD GDP m/m, Canada, Forex News Trade | Be the First to Comment

8:30am NY Time Canada GDP m/m   Forecast 0.4%      Previous 0.4%
ACTION: USD/CAD         BUY 0.1%     SELL 0.7%

We’ll be focusing on a possible trade from the Canadian GDP release (m/m) today, and GDP is defined (by wikipedia) as:

“the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.” 

Canada GDP m/m 01/29/10

Posted by Henry Liu on January 28, 2010 under CAD GDP m/m, Canada, Forex News Trade | Be the First to Comment

8:30am NY Time Canada GDP m/m   Forecast 0.3%      Previous 0.2%
ACTION: USD/CAD         BUY 0.0%     SELL 0.6%

We’ll be looking at the Canadian GDP release (m/m) today, and GDP is defined (by wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  As GDP is basically the measurement of the “economy” as a whole and it certainly has a strong impact on the cash rate of the CAD, it’ll be a highly anticipated news event… with that being said however, we’ll also have the USD quarterly advanced GDP release at the same time… The whole world will be focused on that release, therefore I’d definitely look at the US release first before jumping in any trades…

Canada GDP m/m 11/30/09

Posted by Henry Liu on November 30, 2009 under CAD GDP m/m, Canada, Forex News Trade | Be the First to Comment

8:30am NY Time Canada GDP m/m   Forecast 0.4%      Previous -0.1%
ACTION: USD/CAD         BUY 0.1%     SELL 0.7%

Today we’ll be trading the Canadian GDP month on month release, which is defined (from wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.”  As GDP is basically the measurement of the “economy” as a whole and it certainly has a strong impact on the cash rate of the CAD, it’ll be a highly anticipated news event.

Canada GDP (Gross Domestic Product) m/m 10/30/09

Posted by Henry Liu on October 29, 2009 under CAD GDP m/m, Canada, Forex News Trade | Be the First to Comment

8:30am (NY Time) CA GDP m/m     Forecast 0.1%   Previous 0.0%
ACTION: USD/CAD          SELL 0.4%        BUY -0.2%

We’ll be focusing on the Canadian GDP month on month release, which is defined (from wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.” GDP has a strong effect on the cash rate of the CAD, as better economy affects BOC’s rate outlook and future monetary policy.

Canada GDP m/m (Gross Domestic Product) 09/30/09

Posted by Henry Liu on September 29, 2009 under CAD GDP m/m, Canada, Forex News Trade | Be the First to Comment

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8:30am (NY Time) CA GDP m/m     Forecast 0.4%   Previous 0.1%
ACTION: USD/CAD          SELL 0.7%        BUY 0.1%

Canada GDP m/m 08/31/09

Posted by Henry Liu on August 31, 2009 under CAD GDP m/m, Canada, Forex News Trade | Read the First Comment

8:30am (NY Time) CA GDP m/m   Forecast 0.2%  Previous -0.5%
ACTION: USD/CAD          BUY -0.1%         SELL 0.5%

I’ll be trading the CA GDP month on month figure, which is defined (from wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.” GDP number has a direct effect on the Interest rate of the currency, it is one of the news indicators that affects BOC’s decision directly.

Canada GDP m/m 07/31/09

Posted by Henry Liu on July 30, 2009 under CAD GDP m/m, Canada, Forex News Trade, General | Read the First Comment

8:30am CA GDP m/m     Forecast -0.4%    Previous -0.1%
ACTION: USD/CAD          SELL 0.1%               BUY -0.7%

Our focus will be on CA GDP, which is defined (from wikipedia) as “the market value of all final goods and services produced within a country in a given period of time. It is also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time.” GDP number has a direct effect on the Interest rate of the currency, it is one of the news indicators that affects BOC’s decision directly.

CAD GDP m/m – 06/30/09

Posted by Henry Liu on June 30, 2009 under CAD GDP m/m, Canada | Be the First to Comment

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