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Trading Next Week's Data/Events - Citi

From efxnews.com

Next week North American data releases are still restricted to Canada for the most part leaving UST and the USD to trade on headlines regarding the continuing resolution (CR) and the debt limit, says Citibank. In the US, the debt limit is the 17th October making it a focal point for markets. Thus, a potential resolution of the debt ceiling next week will likely be seen as USD positive. In Canada, the Bank of Canada rates decision will be the last opportunity for markets to gauge any revision to forecasts from the BOC or dovishness. "We continue to expect USD/CAD to appreciate on softer cyclical data and the ... (full story)

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  • Category: Breaking News