USDCAD breaks initial resistance yesterday on collapsing oil prices - time for a range break? MAJOR HEADLINES – PREVIOUS SESSION US Apr. ISM Manufacturing out at 48.6 vs. 48.0 expected and 48.6 in Mar. US Mar. Construction Spending out at -1.1% vs. -0.7% expected Australia Mar. Retail Sales out at 0.5% vs. 0.3% expected Germany Mar. Retail Sales out at -0.1% vs. 0.6% expected THEMES TO WATCH – UPCOMING SESSION Key Risk Events (All times in GMT) UK Apr. HBOS House Prices (0700) Switzerland Apr.

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This entry was posted on Sunday, May 4th, 2008 at 4:05 am and is filed under Forex Economic Indicators. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.