Tag Archives: CAD

CAD Mid-day Analysis

Talk of a higher inflation target for the BOC seems to have undermined the Canadian and

Down trend channel resistance in the December Canadian is seen up at 88.88 and

Favorable Canadian factory sales and an up-tick in factory orders provide the Canadian Dollar

In the week ahead, investors will be focusing on Wednesday’s minutes of the Federal Reserve’s October meeting and

Bullish USD sentiment stabilized at $45bn this week; with mini‐mal week‐over‐week changes.

In retrospect the Canadian has generally forged a pattern of higher lows since the early November lows and

The Canadian Dollar was able to shake off overnight pressure and

The Canadian Dollar has been holding up fairly well this morning and

The Canadian Dollar has started off on a weaker footing again as the flow

The Canadian really benefited from a middle of the road US non-farm payroll result last week

In the week ahead, investors will be looking ahead to Friday’s report on third quarter growth from

The market continues to build its bullish USD position, drivingthe net position to a fresh high of $45.7bn;