USD: The US Dollar Index is toppy this morning. Over the last two weeks USD has rallied sharply on a more expansive Fed policy and EUR weakness over Brexit. It appears overdone, so look for a pull back over the next few days. CAD: CAD fell sharply yesterday on continued issues with China. The drop [...

CAD is weaker this morning, falling to 0.75 cents, on worries over US-China trade talks. It should find support near this level today, but expect further weakness going forward. Commodities and equities are down globally as China reports the slowest growth in 30 years at 6.6%. This is a strong numbe...

CAD is weaker this morning but still stuck in a range. Ongoing potential trade issues with China might be the reason CAD hasn’t rallied further given recent strength in oil. Overall commodity prices are historically undervalued relative to the SP500, but commodities seem to be finding some support...

CAD dropped sharply yesterday to almost 0.75 cents in the morning then rallied equally strongly in the afternoon. In keeping with a US Fed theme, business leaders are expecting a reassessment in Bank of Canada policy of rate hikes. Oil prices were also weak in the morning and surprisingly strong in ...

The UK government survived the no-confidence vote yesterday putting further strength to Sterling. The economic numbers for the US continue to show weakness and so the USD should trend lower from here. CAD is also weaker this morning on lower oil prices and that weaker trend is expected to continue o...

Brexit was voted down in the UK parliament yesterday by a wide margin. The Labour Party has brought a no-confidence vote to the House today calling for a new election, which is expected to be voted down. Interestingly Sterling dropped three cents prior to the vote then rebounded three cents after wh...