Archive for Bank of Canada
Reaction to Australian Rate Hike, Outlook for Canada Rate Decision
I was on the Business News Network this morning talking about my reaction to the Australian rate hike, the IMF’s report on Chinese Yuan undervaluation and my outlook for the Canadian rate decision
Click on image to access the video
Outlook for Forex Market on Business News Network
I was on the Business News Network yesterday morning talking about the outlook for the dollar and the currency market. Sorry it is delayed!
CAD/JPY: Major Technical Break
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 [...]





