{"id":34582,"date":"2012-12-19T13:42:37","date_gmt":"2012-12-19T18:42:37","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=34582"},"modified":"2012-12-19T13:42:37","modified_gmt":"2012-12-19T18:42:37","slug":"canada-set-to-raise-interest-rates","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/19\/canada-set-to-raise-interest-rates\/","title":{"rendered":"Canada Set to Raise Interest Rates"},"content":{"rendered":"<p>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&amp;mid=888&amp;cid=15844&amp;zid=15873\" target=\"_blank\"><u>ForexYard<\/u><\/a> <\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>After yesterdays relatively calm trading session, today the economic calendar is filled with high impact data that threatens to sow large volatility into the market. Traders should pay special attention to the U.S Manufacturing PMI and Canadian Overnight Rate.<\/p>\n<p><span id=\"more-9916\"><\/span><br \/>\n13:00 GMT: Canadian Overnight Rate<\/p>\n<p>\u2022\tForecasts show that the Canadian Overnight Rate is expected to rise to 0.50%<br \/>\n\u2022\tMarket events like this one tend to create either big changes to current trends or push current trends even further.<br \/>\n\u2022\tHowever, overall impact of the Interest Rate decision may in fact strengthen the Canadian currency in the longer run.<br \/>\n\u2022\tTraders should focus their attention on this release, as it is expected to be the highlight of the week for Canadian markets.<\/p>\n<p>14:00 GMT: U.S. Manufacturing PMI<\/p>\n<p>\u2022\tThis indicator reflects the level of a diffusion index based on surveyed purchasing managers in the manufacturing industry.<br \/>\n\u2022\tThe indicator typically creates a volatile trading environment, affecting not only the USD crosses but also the value of Crude Oil and Gold.<br \/>\n\u2022\tDisappointing results could send the EUR\/USD pair above the 1.2400 resistance level.<\/p>\n<p> <strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&amp;mid=888&amp;cid=15844&amp;zid=15873\" target=\"_blank\"><u>Forex Market Analysis provided by ForexYard.<\/u><\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard After yesterdays relatively calm trading session, today the economic calendar is filled with high impact data that threatens to sow large volatility into the market. Traders should pay special attention to the U.S Manufacturing PMI and Canadian Overnight Rate. 13:00 GMT: Canadian Overnight Rate \u2022 Forecasts show that the Canadian Overnight Rate is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/12\/19\/canada-set-to-raise-interest-rates\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canada Set to Raise Interest Rates&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-34582","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=34582"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/34582\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=34582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=34582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=34582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}