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Housing Data Grim

Thursday, 09 August 2007 20:00:50 GMT | DailyFX Research Team

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Friday, 16 October 2009 23:37:26 GMT Canadian Dollar May Come Under Pressure Ahead of BOC Decision
Monday, 12 October 2009 20:08:13 GMT Canadian Dollar Dominates as Economy Adds on 36,000 Jobs and Unemployment Rate Falls to 8.4%
Friday, 09 October 2009 20:38:28 GMT Canadian Dollar Direction To Come From Inflation Data
Thursday, 08 October 2009 23:32:34 GMT Canadian Dollar has a Busy Day Ahead of it with Employment, Trade and Business Activity Data
Tuesday, 06 October 2009 18:37:28 GMT US Dollar Canadian Dollar Exchange Rate Forecast
Saturday, 03 October 2009 02:38:09 GMT Canadian Dollar Confronts its Own Employment Change Data
Friday, 25 September 2009 21:42:35 GMT Canadian Dollar To Hold Range as Investors Weigh Outlook For Policy
Monday, 21 September 2009 20:54:27 GMT Canadian Dollar Drops Further - Canadian Retail Sales Could Provide a Fundamental Boost
Friday, 18 September 2009 22:05:33 GMT Canadian Dollar Risks Decline on Crude Oil Price Pullback
Wednesday, 16 September 2009 19:39:28 GMT Canadian Dollar Gains with Commodities - CPI Report Presents Risks for USDCAD
Monday, 14 September 2009 19:11:42 GMT Canadian Dollar Down as Capacity Utilization Falls to Record Low
Friday, 11 September 2009 21:22:07 GMT Canadian Dollar May Lose Ground as Productivity, Price Pressures Falter
Saturday, 05 September 2009 01:26:03 GMT Canadian Dollar Volatility Ahead on Rate Decision, Risk Trends
Friday, 04 September 2009 18:49:50 GMT Commodity Dollars Lead the Way as Canadian Economy Unexpectedly Adds Jobs, Carry Trades Surge
Friday, 04 September 2009 00:39:13 GMT Canadian Dollar will respond to Friday's NFPs and its Own Employment Data
Wednesday, 02 September 2009 20:49:12 GMT US Dollar Canadian Dollar Exchange Rate Forecast
Monday, 31 August 2009 18:48:36 GMT Canadian Dollar Weakest of the Majors as Q2 GDP Drops 3.4%
Friday, 28 August 2009 22:00:03 GMT Canadian Dollar Appears Range Bound As GDP and Unemployment Offset
Friday, 28 August 2009 21:31:07 GMT Canadian Dollar the Weakest of the Majors Ahead of Mondayâs Q2 GDP Report
Monday, 24 August 2009 21:47:35 GMT Canadian Dollar Gains on Surprisingly Strong Retail Sales

Today’s housing data came in missing its estimate at 215K versus the 223K forecasted. The four month low figure teamed up with today’s credit crisis to drive down the Canadian dollar. Tomorrow’s expected flat unemployment data should not do much to move the dollar, but a surprise to the upside may be met with a Loonie reversal.

Previous 24 hours:

Housing Starts (JUL)

Actual: 215.6K

Previous: 225.3K

New Housing Price Index (MoM) (JUN)

Actual: 0.7%

Previous: 1.1%

Next 24 hours:

Unemployment Rate (JUL)

Expected: 6.1%

Previous: 6.1%

Net Change in Employment (JUL)

Expected: 23.5K

Previous: 34.8K

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