Intraday Market Thoughts

Archived IMT (2010.01.08)

by Ashraf Laidi
Jan 8, 2010 13:06

USDCAD TECHS Confluence of prev support & 3 week trend line Canada's Dec job figures came in at a disappointing -2.4K ( exp +20K) after a surge of 79K in Nov, with the unemployment remaining unchanged at 8.5%. The Canadian dollar, which remained the second highest performer after the Aussie this week as well over the last 4 weeks, is now under broad pressure as traders pare gains. alaidi slipped to 3rd position in the SHIORTY AWARDS so let's get MORE HAWKISH and let's make history


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