There are three high impact news events for the CAD this week:
Feb 7 (Tuesday) – The focus on Tuesday will be the Trade Balance report. Traders are forecasting 1.2 Billion surplus compared to the previous Trade Balance report of 500 million surplus.
Feb 10 (Friday) – Two key reports this Friday for the CAD: Employment Change and Unemployment Rate. Previous Employment Change numbers is 53.7k. Previous Unemployment Rate numbers is 6.9%.