Tag Archives: CAD

CAD Mid-day Analysis

A pause in broad-based deflationary Armageddon over the last 24 hours has

The Canadian action in the face of a correction in the Dollar is telling.

IMM data released on Friday revealed that investors for the second consecutive week reduced their short EUR positions.

Talk that Canadian growth will be reduced by sliding oil prices is given added

In the week ahead investors will be awaiting Thursday data on U.S. retail sales and

Sentiment is USD bullish. Traders maintained their large $49bn net position,

We still think the Canadian is making a major bottom but

Upbeat Canadian economic views, moderating deflationary commodity price action and

In last week’s we asked the question: “Is the Canadian output gap positive?”

The technical bias remains down from the Canadian charts.

While the Canadian tried to recover yesterday,

Declining commodity prices, ongoing strength in the US Dollar and