What is it? It checks the Interest rate at which major financial institutions borrow and lend overnight funds between themselves.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? December 3rd at 10:00am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the CAD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 02/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

When? December 3rd at 10:00am Eastern Time.

 

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 02/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? It checks the estimated change in the number of employed people during the previous month, excluding the farming industry and government.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? December 3rd at 8:15am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the USD to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 02/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

What is it? Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position.

When? December 3rd at 7:30am Eastern Time.

 

Trading Tip: This announcement can greatly affect the GBP, make sure to follow it.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 02/12

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook/Twitter:

 

 

Subcategories

Please publish modules in offcanvas position.