Forex Investment and Currency Trading

There are no significant data releases scheduled today, with the resulting limited event risk presenting the scope for a quiet start to the week. The February Canadian international securities transactions data is unlikely to move markets, while there are no data releases scheduled in the U.S. Three Fed officials are scheduled to speak today, but none of the topics are considered market-moving in nature. Keep in mind that the BoC interest rate decision is tomorrow, with market forecasting a 50bp cut in rates.
Short-Term Outlook: Valuations Favour a Move Higher Today
With the hourly studies generating a buy signal from oversold levels, [...]

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