At times this week it appeared that patently negative global economic views were being reversed, but with the US Ebola infection news, somewhat anemic UK growth and the potential for geopoliticalangst in the Ukraine and Europe this weekend, we remain skeptical toward the Canadian. Like the Pound, tothrow off the downtrend moniker in the Canadian probably requires a rise above down trend channel resistance of89.08 today but that trend line resistance falls to 88.97 on Monday.
