11.02.16

Good afternoon,

In the US today we will see Jobless Claims figures. The FED Chair Janet Yellen spoke yesterday saying "There is always a risk of a recession...and global financial developments could produce a slowing in the economy," but that she didn't think that the FOMC would be put in a situation that they would have to cut rates. EURUSD trading at 1.1327 Janet Yellen will will testify again today and answer questions following. Canadian New Housing Price Index figures for December out this session are expected to remain unchanged. USDCAD trading at 1.3964 GOLD broke through the 1200 dollars per ounce and is currently priced at $1234 USOIL trading at $28.73 per barrel at time of writing.

I hope you all have a nice day.