Tag Archives: CAD

CAD Mid-day Analysis

A pattern of lower highs remains in place and some initial weakness in crude oil

Surprisingly the Canadian Dollar has managed to respect the mid-December lows and

The Canadian has seen some short covering gains of late but

USD bullish sentiment has softened, with today’s data marking the fourth consecutive week of a narrowed USD long position.

Like the Pound, the Canadian is deriving some spillover lift from overt weakness in the Yen,

A relief rally is justified in the Canadian but we don’t see the prospect of

The March Canadian is finding modest pressure, but managed to

Eventually the Canadian is going to be a value and the bull camp has to

The slide in the Canadian is likely to continue in the short term as fears of even lower

In the week ahead, investors will be awaiting the outcome of Wednesday’s Federal Reserve policy meeting for

Not surprisingly, the Canadian has become the worst place to

We think the Canadian is a value at the 87.00 level but