Here’s a good one, Canadian payroll data is worse than expected while US data massively trumps consensus, which shows us the sell USD reflation trade is still on. With commodities also enjoying a huge lift from the payrolls the Loony is a major beneficiary, currently at 1.0983 after hitting 1.0960 the lowest level since September of last year. Support is seen at 1.0950 but Bond markets are reversing some of their losses, so the low may now be in place.
Usd/Cad reverses early rally
Source: www.forexlive.com
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North American Weekly Preview
By TraderVox.com Tradervox.com (Dublin) – Hard day for the dollar, as it found itself on the dropping end against its other majors...
Sorry for the lack of updates lately
Hello my dear readers. I’d like to apologize for the lack of blog postings recently. My internet access was down for about 3 days, and before that I was busy moving to a new home. Imagine that, you get all setup in your home and expect the net to work; it does for five hours and then dies. I...
Daily Dividend Report: INTC, WFC, MON, PX, ROL
Intel Corporation (INTC) maintained its quarterly dividend of 21 cents per share. The dividend will be payable on March 1, 2012 to stockholders...
Forex. Useful Things to Know • MOCDS Personal Blog
Forex trading uses currency and stock markets from a variety of countries to create a trading market where millions and millions are traded and exchanged daily. This market is similar to the stock market, as people buy and sell, ... MOCDS Personal Blog -...
Foreign Direct Investment in China remains sluggish
The total FDI in the first five months of the year was just over $34 billion, which is down 20.4% on the same period in 2008. The first four months saw a fall of 21% so there has been a slight...