Fri, 22 Jun 2012 08:29:29 +0200
Forex Trade 22 Jun, Bank Canada Consumer Price Index Core, Consumer Price Index
Hello,
today we have some news...
1:35 CNY: MNI June Flash Business Sentiment Survey
2:00 CNY: Conference Board China May Leading Economic Index
3:00 NZD: Credit Card Spending
5:00 JPY: Supermarket Sales
7:00 CHF: KOF Institute June Economic Forecast
8:00 EUR: German IFO - Business Climate
8:00 EUR: German IFO - Current Assessment
8:00 EUR: German IFO - Expectations
12:30 CAD: Bank Canada Consumer Price Index Core
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. CPI Excluding Core Eight The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.
12:30 CAD: Consumer Price Index
The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates.
12:30 CAD: Core CPI
14:00 USD: American Petroleum Institute Monthly Report
And some trades:
EUR/USD - Euro / US Dollar
Entry: 1.2545
Stop: 1.258
Resistances: 1.264 - 1.259 - 1.2565
Supports: 1.245 - 1.248 - 1.253
GBP/USD - British Pound / US Dollar
Entry: 1.5615
Stop: 1.5635
Resistances: 1.5675 - 1.564 - 1.562
Supports: 1.547 - 1.5505 - 1.5575
AUD/USD - Australian dollar / US Dollar
Entry: 1.0055
Stop: 1.0085
Resistances: 1.0135 - 1.0105 - 1.0065
Supports: 0.992 - 0.9995 - 1.003
EUR/GBP - Euro / British Pound
Entry: 0.804
Stop: 0.8055
Resistances: 0.809 - 0.806 - 0.805
Supports: 0.8005 - 0.802 - 0.8035
USD/JPY - US Dollar / Yen
Resistances: 81.75 - 80.6 - 80.5
Supports: 78.8 - 79.4 - 80
Actualité du forex
Forex News
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- Forex Trade 10 May, New Yuan Loans, Net Change In Employment, Unemployment Rate
- Forex Trade 09 May, Consumer Price Index, Unemployment Rate, Employment Change, Ecb Publishes Monthly Report
- Forex Trade 08 May, Unemployment Rate
- Forex Trade 07 May, Reserve Bank Of Australia Rate Decision
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