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  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/VDnn2bxfjD
  • IG Client Sentiment Update: Our data shows the vast majority of traders in USD/CHF are long at 75.66%, while traders in France 40 are at opposite extremes with 80.85%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/6HUk3bQSWf
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.51% Silver: 0.41% Gold: 0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/azFkkb8xyo
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/d4NaJvgweB
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.33% 🇬🇧GBP: 0.22% 🇦🇺AUD: 0.15% 🇨🇦CAD: 0.08% 🇨🇭CHF: -0.02% 🇪🇺EUR: -0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/jceRBGUO6d
  • 🇨🇳 Unemployment Rate (MAY) Actual: 5.2% Previous: 5.1% https://www.dailyfx.com/economic-calendar#2021-06-16
  • 🇨🇳 Fixed Asset Investment (YTD) YoY (MAY) Actual: 15.4% Expected: 16.9% Previous: 19.9% https://www.dailyfx.com/economic-calendar#2021-06-16
  • 🇨🇳 Industrial Production YoY (MAY) Actual: 8.8% Expected: 9% Previous: 9.8% https://www.dailyfx.com/economic-calendar#2021-06-16
  • 🇨🇳 Retail Sales YoY (MAY) Actual: 12.4% Expected: 13.6% Previous: 17.7% https://www.dailyfx.com/economic-calendar#2021-06-16
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: France 40: 0.20% FTSE 100: 0.13% Germany 30: 0.10% US 500: -0.01% Wall Street: -0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/2wsbvN5ZzC

Canadian Dollar

The Canadian Dollar is often referred to as 'The Loonie', because of the loon bird that draws the attention on the $1 Canadian coin. The CAD is the 7th most commonly traded currency in the world, and can be denoted with either a traditional '$' sign, or 'C$' to differentiate it from other Dollar-based currencies.

Real Time News

DailyFXTeam Jun 16, 2021
Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.33% 🇬🇧GBP: 0.22% 🇦🇺AUD: 0.15% 🇨🇦CAD: 0.08% 🇨🇭CHF: -0.02% 🇪🇺EUR: -0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/jceRBGUO6d
2021-06-16 07:15:01
DailyFXTeam Jun 16, 2021
Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.21% 🇨🇦CAD: 0.05% 🇦🇺AUD: 0.02% 🇪🇺EUR: -0.03% 🇯🇵JPY: -0.03% 🇨🇭CHF: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/JTGxsd1AvN
2021-06-16 04:15:01
DailyFXTeam Jun 16, 2021
Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.19% 🇦🇺AUD: 0.06% 🇨🇦CAD: 0.04% 🇬🇧GBP: -0.04% 🇪🇺EUR: -0.05% 🇨🇭CHF: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/LIX3ToP9Bc
2021-06-16 02:15:01
Jun 16, 2021

Economic Calendar

12:30:00
H
Core Inflation Rate YoY (MAY)
A:
F: 2.4%
P: R: 2.3%
12:30:00
H
Inflation Rate YoY (MAY)
A:
F: 3.5%
P: R: 3.4%
12:30:00
M
Inflation Rate MoM (MAY)
A:
F: 0.4%
P: R: 0.5%
12:30:00
L
Wholesale Sales MoM Final (APR)
A:
F: -0.9%
P: R: 2.8%
12:30:00
L
ADP Employment Change (MAY)
A:
F:
P: R: 351.3K
12:30:00
L
Foreign Securities Purchases (APR)
A:
F:
P: R: C$3.25B
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