Tag Archives: CAD

CAD Mid-day Analysis

With the Canadian recovering from a short term oversold technical condition at yesterday’s lows,

Like the Pound, the Canadian continues to suffer from deteriorating global economic prospects.

Residual strength in the Dollar, recovery action in the Pound and hints of a US/Canadian trade flap would seem to

Like the Pound, the Canadian is under pressure because of less than optimistic global economic prospects.

Leveraged funds turned net long in USD for the first time since mid-June ahead of the nonfarm payrolls release.

In the week ahead, investors will be focusing on the outcomes of a spate of central bank meetings,

• Bearish position building in EUR and JPY dominated the shifts in investor sentiment this week,

During the week the SG FX Enhanced Risk Premia increased the long dollar position and substantially cut the long NZD position.

Slumping commodity prices and risk appetites have not been kind to the Canadian,

Weak energy prices are adding to the Canadian’s woes this morning,

The floor has fallen out below the Canadian this week, which is finding little help from

The Canadian has stayed clear of last Friday’s spike low, but this week’s tight trading range indicates that risk appetites need to