Loonie has been led and pushed around by the Euro and has nothing to do with "fundamentals." USDCAD moves opposite of Euros, most of the time in an accelerated and magnified fashion.

Canada Retail trade, June 2017

The Loonie pair hasn't traded with fundamentals, like the price of oil, for a very long time. Neither has the Euro or the Pound Sterling, for that matter. It amazes me how sophisticated currency traders can misconstrue Mario Draghi's words every ...

Canada wholesale trade, May 2017

It doesn't seem to matter. "They" are going to keep driving it down despite the fundamental properties of the trade. It's kinda insane, really...but I suppose a stronger currency is akin to raising rates without raising rates. :/

Canada wholesale trade, May 2017

It seems this has been fairly well priced in. Poloz had better deliver or the pair rockets.

USD/CAD at Risk for Further Losses on Hawkish Bank of Canada (BoC)

Walker, please stop making sense. Remember way back in the day...say three years ago...when to propose that the Swiss National Bank is active in equity markets would get you a tin-foil hat and a seat in the corner? And now they are proud to ...

Japan's central bank nearly doubles ETF holdings in one year

Exactly. Especially after Poloz mentioned last week that Canadia would be raising rates probably sooner than expected, whilst the Fed is getting bad data left and right. I have heard of counter-intuitive moves in 4X but price after the data came out ...

Canada Gross Domestic Product by Industry, March 2017

Let's don't forget that after yesterday closed in US, one agency said there was a 2.3 million barrel drawdown. Less than sixteen hours later, another said there was a 1.3 M barrel build. Then the Fed minutes get released early... This is all ...

Crude Tumbles to Six-Year Low After Unexpected U.S. Supply Gain

Thanks, Marc.

Is the Dollar Going on Summer Vacation?

You can take $50 to $50,000 by learning. For all you guys who are tired of the government "protecting us from ourselves," you now sound like hypocrites. Like fifty bucks is going to break anyone. It only allows you to have real skin in the game at a ...

FXCM goes downmarket, offering $50 minimum accounts and 400x leverage

Apparently, the thinking is that the Chinese have taken the ball out of the hands of the Fed and have made them more reluctant to raise rates in September. All it will take is one Fed mouthpiece to jawbone the USD and all that wishful thinking will ...

Intraday Outlooks For EUR/USD, USD/CNH, USD/JPY, Oil - SEB

Thanks, Marc. We appreciate it.

Dollar Outlook and Currency Rotation

It's Fleckenstein, so nvm...

Short seller who called financial crisis sees calamity ahead