Intraday Market Thoughts

Issuing 2 New Calls on USDCAD

by Ashraf Laidi
Feb 19, 2013 14:14

On Jan 23 we issued a piece reiterating CAD bearishness at a time when several pundits favoured the loonie over its commodity counterpart down under. A few days later we brought back USDCAD to the Premium Insights. As USDCAD breaks above 1.01 today, coupled, it is worth issuing the latest balance of upside/downside risks without being too short-sighted.  We have just added 2 new trades on USDCAD as well as Weekly & Monthly charts backed by detailed fundamental rationale in the latest Premium Insights.


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