Fundamental Analysis

Loonie At Parity? Canadian Dollar Outlook

Loonie At Parity? Canadian Dollar Outlook
By Yohay
USD/CAD has fallen deeply in the past two weeks. This trend continued this week despite ongoing recession. Apart from GDP, there are 4 more crucial events any loonie trade should carefully look out for this week: Building Permits, Interest Rate decision, Ivey PMI and the Unemployment Rate. Let’s dive into [...]

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Trading analysis: S&P500 and USD/CAD.
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Read more on Loonie (USD/CAD), Canadian Dollar (CAD) at Wikinvest

EUR USD Fundamental

Considerably sluggish trade this morning, when all was said and done. The market shrugged off Fed Fisher’s assertion that euro faces bigger problems than greenback and EUR/USD spent most of the morning grinding slowly higher after an early dip.
The Euro dipped to lows around 1.3225 ahead of the US open on Tuesday. Risk appetite remained [...]

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Clash of the Titans: The Euro and Dollar
Read more on Euro (EUR), U.S. Dollar (USD) at Wikinvest