The US dollar remains volatile againts the Canadian dollar as the pair continues to create a range between 1.3300 to 1.3400 levels. The USDCAD pair could form a double top pattern this weekend if the bulls are unable to break above the 1.2450 resistance level. The 1.2300 level is and important pivot

The Canada Employment Report is published by Statistics Canada and measures changes in the number of people employed in Canada. In general, an increase in this indicator has positive implications for the cost of costumer spending that stimulates economic growth. Therefore, a high forecast is conside

US Continuing Jobless Claims are published by the US Department of Labor and measure the number of people who are unemployed and currently receiving unemployment benefits. This represents a strengthening in the labor market. An increase in this indicator has an adverse impact on the cost of consumer

The Federal Open Market Committee holds 8 meetings a year and reviews economy and financial conditions, determines the appropriate stance of monetary policy and assesses risk to the long-term goals of price stability and sustainable economic growth. The FOMC Minutes are released by the Federal Reser

The Reserve Bank of Australia's Policy Rate is the overnight market interest rate, with the RBA acting as the central financial authority for the Australian economy. The Reserve Bank of Australia is expected to keep interest rates at this meeting and also discuss the Australian dollar. RBA policymak

The Australian Retail Sales Report measures changes in sales in the retail sector of the Australian economy. Percentage changes reflect changes in sales such as these, and changes are followed by the Reserve Bank of Australia as an indicator of the cost of customer spending. Typically, positive econ

Durung the upcoming trading week, the release of the FOMC Meeting Minutes from the june policy meeteng ia likely to set the tone for financial markets. Market participants are likely to anticipate a more aggressive tone from the US central bank. Trades and investors are also looking forward to a rat