Dollar A.S. / Dollar KanadaPenjualan
USDCAD Weekly long-term zig-zag downtrend
First NFP report of 2019 released last friday. Here is my analysis on USDCAD following the release...
January 2019
Average Hourly Earnings
Prev: 27.37
Actual: 27.48
Change: +0.4%
YTD change: +3.2%
---------------------------------
Income increases -> Spending increases (Demand increases) ->
Disposable income = average income - taxes
If manufacturing increases to meet demand -> Job opportunities increases
If demand increases but manufacturing doesn't -> Price increases
Price increases -> Inflation increases
NFP Jan 2019:
312k employment increase + 0.4% average hourly earnings increase + US Manufacturing PMI yearly low at 53.8 ->
-> Demand-pull inflation (Supply can't keep up with demand, which leads to prices and inflation increases) ->
-> An increase in inflation leads to a devaluing of the nations currency -> Weaker USD -> USDCAD decreases
January 2019
Average Hourly Earnings
Prev: 27.37
Actual: 27.48
Change: +0.4%
YTD change: +3.2%
---------------------------------
Income increases -> Spending increases (Demand increases) ->
Disposable income = average income - taxes
If manufacturing increases to meet demand -> Job opportunities increases
If demand increases but manufacturing doesn't -> Price increases
Price increases -> Inflation increases
NFP Jan 2019:
312k employment increase + 0.4% average hourly earnings increase + US Manufacturing PMI yearly low at 53.8 ->
-> Demand-pull inflation (Supply can't keep up with demand, which leads to prices and inflation increases) ->
-> An increase in inflation leads to a devaluing of the nations currency -> Weaker USD -> USDCAD decreases
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.