USD/CAD prediction Jan. 1-5 2018
The loonie enjoyed hight oil prices & the weakness of the USD. After no Canadian figures were launched in the holiday week, the 1st 7 days of 2018 provides the all-important jobs report & quite a few other indicators. Oil prices rose higher thanks to issues in Libya & the C$ took advantage of this. Canadian jobs report Friday, 13:30. I am bearish on USD/CADThe Canadian economy Information Systems picking up once again, giving reasons to believe which the loonie could expand its gains even if oil prices don't go anywhere fast.
GBP/USD prediction Jan. 1-5 2018
as mentioned in GBP/USD features in the last 7 days of 2017, taking advantage of the weakness of the America $ & closing only above 1.35. Nevertheless, by few economic releases nor meaningful political developments, cable mostly moved on the weakness of the America dollar. The manufacturing sector opens the series of 3 purchasing managers' indices & Information Systems too the 1st economic indicator of 2018. According to Markit's survey, this small yet important sector has been doing well in November, by a score of 58.2 points. The round standard of 1.33 Information Systems a key standard of support, working as such around the same period of time.collected by :John Locas
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