BIG NEWS DAY
Technical Analysis Daily Majors & Minors • USD/CAD is at a critical juncture as it probes below the 1.1220 floor after a Doji signaled reluctance from the bulls to lead the pair. But how will this fair with todays news? • AUD/USD fell to fresh intraday lows as the knee-jerk reaction to Australian consumer price index, which came in mainly in line with expectations. Will todays news correlate as well? • NZD/USD is trading at 0.7962, up 0.52% on the day, having posted a daily high at 0.7980 and low at 0.7916. But how will todays market news effect the pair?
Quick Daily update • Technology giant Yahoo has reported profits of $6.8bn (£4.2bn) for the three months to September, buoyed by earnings from the firm's stake in Alibaba. • Italian police have uncovered a fraud which they say has cost Italian taxpayers €1.7bn (£1.3bn; $2.2bn).
Daily News To Watch Wednesday 22nd October 2014 Previous Forecast Actual 13:30pm
CAD Core Retail Sales m/m -0.6% 0.2% 13:30pm
USD CPI m/m -0.2% 0.0% USD Core CPI m/m 0.0% 0.2% 15:00pm
CAD BOC Monetary Policy Report - - CAD BOC Rate Statement - - CAD Overnight Rate 1.00% 1.00% 16:15pm
CAD BOC Press Conference 20:30pm
CAD BOC Gov Poloz Speaks 22:00pm
AUD RBA Goc Stevens Speaks 22:45pm
NZD CPI q/q 0.3% 0.5%