The Canadian just can’t seem to catch a break as residual concerns toward Chineseactivity, generally positive US data and ideas that the US Dollar is undervalued leaves the Canadian Dollar vulnerable to more declines ahead. In fact, given the dismal Canadian economic data over the last two weekssome traders might suggest that the Canadian has been lucky to have managed a consolidation over the last 5trading sessions. Therefore, promises that easy money policies will remain in place that should keep theCanadian in a downward motion on the charts.
