The Bank of Canada’s release of the interest rate is at 17:00 MT time on December 4.
The USD may be supported by the releases
The United States will publish the level of CPI and core CPI at on October 10 at 15:30 MT time. CPI is an important indicator, which accounts for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the Fed to raise interest rates. Last month CPI came out in line with the forecast at +0.1%. As for the core level of CPI (without food and energy process), the actual figures showed an increase of 0.3% (vs. the forecast of 0.2%). If this time the releases are greater than the expectations, the USD will get positive momentum.
• If the indicators are higher than the forecast, the USD will rise;
• If the indicators are lower than the forecast, the USD will fall
The Reserve Bank of Australia’s Rate Statement is at 05:30 MT time on December 3.
Canada will release its GDP growth rate at 15:30 MT time on November 29.
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
The Federal Funds Rate is announced at 21:00 MT time on December 11.
The British monthly GDP growth rate is at 11:30 MT time on December 10.