USD/CAD Weekly Fundamental Analysis February 27 – March 2, 2012, Forecast

February 25, 2012 8:22 PM GMT

FXEmpire

Economic Events

It is a very busy week with economic events combining the end and the beginning of a month.

Please see the daily fundamental forecasts for details on each of these events.             

Below are the only major events of the week.

The G20 Summit is taking place in Mexico this week.

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Feb. 27

15:00

  

USD

      

Pending Home Sales (MoM) 

 

            

Feb. 28

13:30

  

USD

      

Core Durable Goods Orders (MoM) 

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EUR/USD Weekly Outlook

EUR/USD's decline extended further as expected as reached as low as 1.2496. The break of 1.2625 confirmed resumption of whole fall from 1.4939. Initial bias remains on the downside this week.

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