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Ilian Yotov is the creator of The Quarters Theory, FX Strategist and internationally published author of "The Quarters Theory: The Revolutionary New Foreign Currencies Trading Method". Ilian is one of the leading Forex educators in the world and has trained thousands of Forex traders... More
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  • Today's All Things Forex Broadcast: USD and CAD Outlook ahead of Important Trading Week 0 comments
    Jul 30, 2010 2:36 PM | about stocks: , CNY, EEA, GBB, GOLD, JYN, UDN, USD

    In the broadcast today: USD and CAD Outlook ahead of Important Trading Week. As we prepare for another busy trading week that will culminate with employment data from the U.S. and Canada, we take a close look at the USD and CAD and examine the prospects for a bearish breakout in the USD/CAD pair that could open the door to a test of the parity level between these two currency majors, we continue to keep an eye on the EUR as the EUR/USD currency pair maintains above $1.30 and the GBP continues to roll vs. USD, we note the anticipated bearish breakout for the USD against the JPY, we list the Top 10 economic events that will impact the major currencies in the week ahead, we examine some of the consensus forecasts for the upcoming economic data, we highlight the market's reaction to the Japanese CPI and Industrial Production, the Euro-zone HICP, the Canadian GDP, and the U.S. GDP and Consumer Sentiment, we discuss new forecasts from Citigroup and Royal Bank of Canada, and prepare for the trading week ahead.

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    Stocks: , CNY, EEA, GBB, GOLD, JYN, UDN, USD
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