4Xlounge Fundamental Xtras – CAD Unemployment – May 11, 2012
Earlier today it was reported the Unemployment Rate in Canada rose to 7.3% from 7.2% the previous month, despite very encouraging jobs data. Over the long-run Canada's Unemployment Rate tends to in the opposite direction as stocks found in the TSX index, and in the same direction as the USD/CAD pair. Join us for our Live Trading Sessions hosted every Monday and Friday from 8-10 am EST.
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4Xlounge Live Trading Session – May 11, 2012
During today's Live Trading Session we discussed a number of trade scenarios including the long-term trend to the downside that currently exists in the CAD/JPY. Join us for our Live Trading Sessions hosted every Monday and Friday from 8-10 am EST.
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4Xlounge Market Insights – The CAD’s Story – May 9, 2012
The 4Xlounge Market Insights discusses a number of the most significant economic developments that directly affect the currencies we watch with the hopes of identifying the next major trend in the Forex market. Ultimately the Central bank of each nation uses this economic data in making their decision to raise or lower interest rates, and because of exactly that reason we should also make note of the central bank’s opinion as to where they believe their respective economy will be in the near-term future. Today we will examine the most recent statement from the Bank of Canada (BOC) and contrast their estimates to the actual data released following their decision.
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4Xlounge Market Insights – EUR/CAD – April 30, 2012
The 4Xlounge Market Insights discusses a specific currency pair from a fundamental point of view, analyzing a number of the most significant economic reports and their possible implications to their respective currency and currency pair. Today we will focus our attention to the EUR/CAD.
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4Xlounge Fundamental Xtras – CAD GDP – April 30, 2012
Earlier today in Canada Gross Domestic Product (GDP) figures were released and marked a decline of 0.2%. Over the long-run Canada's GDP data-set tends to move in the same direction as stocks found in the TSX equity index as well as the CAD currency. Join us for our Live Support Session every Wednesday at 1:00 pm EST.
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4Xlounge Live Trading Session – April 30, 2012
During today's Live Trading Session the Canadian GDP (Gross Domestic Product) was reported to have fallen into negative territory, which contributed to a sharp sell-off in the CAD currency as well as the CAD/JPY pair. During our Live Trading Sessions (hosted every Mon & Fri from 8-10 am EST) we identify the strongest trends in the Forex market from a fundamental and technical point of view, and the most logical trade scenarios.
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Fundamental Xtras – CAD CPI – April 20, 2012
Earlier today it was reported that Consumer Prices (CPI) rose at a rate of 1.9%, which fell short of the previous month's reading of 2.6%. Over the long-term Consumer Prices tend to move in the same direction as stocks in the TSX average as well as the CAD currency. We wish everyone a great weekend.
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4Xlounge Live Trading Session – April 20, 2012
During today's Live Trading Session we discussed a number of long-term trade setups found in the GBP/AUD & CAD?JPY currency pairs. However once we have identified the long-term and consistant trend we may also use this to isolate shorter-term trade ideas such as scalping trades throughout the day. Join us for our next Live Trading Session this Monday from 8-10 am EST.
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4Xlounge Market Insights – EUR/CAD – April 18, 2012
The 4Xlounge Market Insights discusses a number of the most significant economic reports released throughout the week, as we hope to identify their possible impact to the Forex market. Today we will discuss two such reports that may directly affect the EUR/CAD.
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4Xlounge Fundamental Xtras – CAD – Bank of Canada – April 17, 2012
Today the Bank of Canada met as it was announced they would leave their key benchmark interest rate unchanged at 1.00%. Over the long-term, the Bank of Canada's historical interest rates tends to move in the same direction as stocks as well as the CAD currency. Join us for our next Live Trading Session this Friday from 8-10 am EST.
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