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Canada July housing starts data coming up

Canadian data next Canadian housing starts are due at 1215 GMT (8:15 am ET) and expected to decline to 219.0K from 248.1K. Estimates range from 215K to 230K. At the bottom of the hour, there will be data on Canadian new house prices along with US initial jobless claims and PPI.

Fx Primus Rebates

The cable chart doesn’t paint a pretty picture

A succession of lower highs and lower lows is a sign that… ForexLive Things are going to get worse before they get any better. Right now, the pair is trading below the lows posted on Monday which was at 1.2920. The next support level comes from the figure level and bids around 1.2900 but it’s…

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What’s moving the Japanese yen today?

The yen is the best performing major currency on the day ForexLive Equities were among the contributors to the rise in the yen today with the negative tone from Chinese stocks towards the end of Asian trading helping to fuel losses in European equities as well. However, most European stocks have gone into the black…