Forex Canadian Dollar Charts - Forexmospherians.com

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Share CAD Photos or Charts with a description either written directly on the Photo/Chart or in the description box provided. This will help community members understand the photo, trade, analysis, results or strategy.

Forex Market analysis relies on two types of analysis much like Stock Markets: Technical Forex Market Analysis views the data on a chart and considers that the News and Data is built into the Price already (economic, political, social, sentimental and psychological). Various tools and indicators will be used by technical traders, for instance MACD, Bollinger Bands, Moving Averages and more.
Fundamental Forex Market Analysis also uses indicators, for instance reports, Gross Domestic Production (GDP), Retail sales, Consumer spending, Industrial Production, Consumer Price Index, Commodities, Economic Calendars, Balance of Trade levels which could identify Trends between other Nations and more.

Jim M

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The Bank of Canada (BoC) is Canada’s Central bank. Promoting the country’s economic and financial welfare. Keeping inflation low, stable and predictable.

The Bank of Canada (BoC) principal role is "to promote the economic and financial welfare of Canada," as defined in the Bank of Canada Act. The Bank’s four main areas of responsibility are:

Monetary Policy: The Bank influences the supply of money circulating in the economy, using its monetary policy framework to keep inflation low and stable.

Financial system: The Bank promotes safe, sound and efficient financial systems, within Canada and internationally, and conducts transactions in financial markets in support of these objectives.

Currency: The Bank designs, issues and distributes Canada’s bank notes.

Funds Management: The Bank is the "fiscal agent" for the Government of Canada, managing its public debt programs and foreign exchange reserves.

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