I was on the Business News Network today talking about my outlook for the Canadian dollar and how I think it could be headed to 1.10. Here are some of my recent CAD comments about whether the BoC is worried. Click on the image to access the video:

Canada – Bank of Canada
The Bank [...]

Posted in 2009 canadian dollar 5 Comments »

I was on Fox Business earlier this afternoon talking what is moving the dollar and the short / medium term outlook for the currency market. Here is the clip, I am the first interview.

Posted in 2009 canadian dollar, 2009 currency forecasts, US Dollar, euro oil, forex blog No Comments »

We have a major technical break in CAD/JPY this morning. The currency pair has broken below trend line support, the 50-day SMA and the 23.6% Fibonacci retracement of the year to date rally. Next stop could be 81.50. Lower oil prices are playing a big role in the move. Read all about it [...]

Posted in 2009 canadian dollar, Bank of Canada, Forex Technicals, forex blog 1 Comment »

The Canadian dollar hit a 7 month high against the Greenback today. I was on the Business News Network this afternoon talking about where I think it is headed. Click on the image to access the interview:

Posted in 2009 canadian dollar, Canadian Dollar, Forex TV, forex blog 4 Comments »

The Canadian dollar has been on a tear. Over the past week, the currency has rallied more than 5 percent against the U.S. dollar and is up more than 10 percent since the beginning of March. On Tuesday, the loonie even hit a 6 month intraday high against the greenback. So far [...]

Posted in 2009 canadian dollar, Canadian Dollar, forex blog 4 Comments »