If you watched my interview on the Business News Network yesterday and read my seasonality article, you will know that I am bullish the Canadian dollar for a variety of reasons. Yesterday, USD/CAD was trading at 1.24 and hopefully you were able to bank some pips following the interview. However if you haven’t [...]

Posted in 2009 canadian dollar, Canadian Dollar, Forex Technicals, forex blog 1 Comment »

I was just on the Business News Network outlining the reasons why I believe the Canadian dollar is headed higher in the near term. To watch the video, click on the image:

Posted in 2009 canadian dollar, Bank of Canada, Canadian Dollar, Forex TV, forex blog No Comments »

I have been very bearish the Canadian dollar for the past few weeks, calling for a move to the 1.30 level on my blog and on Canada’s Business News Network.
I am in Chicago for the day so I won’t be blogging much.
As promised, the break of 1.30 was fierce with USD/CAD racing [...]

Posted in 2009 canadian dollar, Canadian Dollar, USD/CAD 15 Comments »

Here is an interview I did this afternoon at the Nasdaq. I was talking to the Business News Network about where USD/CAD is headed and how comparing the Canadian dollar to the Australian dollar is like comparing apples and oranges!
Click on the image for the video

Posted in 2009 canadian dollar, Canadian Dollar, Forex TV, forex blog 7 Comments »

After the Bank of Canada cut interest rates by 50bp this morning, my target of 0.8350 in AUD/CAD has been reached. Yesterday, when the currency pair was trading at 0.8122, I argued that the possibility of the Reserve Bank of Australia leaving rates unchanged and the possibility of the Bank of Canada being more dovish [...]

Posted in 2009 canadian dollar, Australian Dollar, Bank of Canada, Canadian Dollar, Forex Technicals, Reserve Bank of Australia, USD/CAD, australian dollar forecast, forex blog, forex signals, quantitative easing, zero interest rates 2 Comments »