Tag Archives: loonie

CAD/JPY “History Rhymes”

Yen weakness on the re-election of the LDP in Japan appears to anticipate the new government pressuring the Bank of Japan to further increase liquidity. While this may eventually be the case, and while favouring Yen weakness overall, in the … Continue reading

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AUD/CAD – Shoulder, Head, Shoulder?

Since the second week of October, the AUD is up 5 big figures (more than 5%) against the CAD. Given both currencies are considered commodity currencies, and have many similar macro drivers, this is a significant move. An evolving approach … Continue reading

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EUR:CAD sell trade – adding to the position and changing exit strategy.

With trend following strategies, most wining trades will be held through at least one or 2 minor corrections.  As the trend starts to develop there are often opportunities to take one or more of the following actions: Add to the position with pyramid staking strategies Move the … Continue reading

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USD/CAD Alert

The US Dollar Index is closely watched by traders around the world. A measure of the USD against a basket of currencies (substantially EUR, GBP and JPY), it is a useful indicator of the overall performance of the world’s reserve currency……..and a striking … Continue reading

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