Jump to content
Sign in to follow this  

USDCAD at a moment of truth?

Recommended Posts

Interesting articles form a few days ago how markets are underestimating a rate cut from the BOC in relation to fears of NAFTA. Also concerns about rising bond yields and canada's fragile housing sector. Well worth keeping in mind. Added some charts too. Rate decision on the 7th and markets will want to know the BOC governors concerns on rising yields.

Dont forget a speech by the governor is to be made Tomorow or MONDAY 28TH so may be volatile.

Notice below on the bloomberg chart how bond yields have decreased along with a depreciating with the Loonie, but very recently a significant spike has occurred with yields. Also chart of WTI, DX AND USD CAD together. CFTC DATA ALSO BELOW LAST 6M







Share this post

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
    • Total Posts
    • Total Members
    Newest Member
    Joined 30/11/20 11:38
  • Posts

    • Would this be useful to anyone, Prevailing market sentiment graphs?  I have found a lot of good success using this method trading stocks. It makes use of the Hull Moving Average. Not just using the Hull Moving average however but I have found that it is surprisingly accurate.  Would this be useful to anyone? I will update these graphs most days if people find it interesting for both the FTSE100 and FTSE250 with general market sentiment. I have annotated the graphs so that if the prevailing sentiment is up/long it will show in green and if it's down/short then it will show as red.   I can produce other graphs for individual stocks if there is enough interest. Feel free to fork, update, message me for any questions etc.  Graphs
    • LOL.....No. It's the new safe haven asset. It might be the new mans gold. But ... no. 
    • Dax and Dow M15 chart levels;