The Falling Loonie
Although Canada is just next door to the USA, it appears to have had no luck sharing the same fortune of its neighbor! While the US economy (and currency) have gone from strength to strength, Canada's economic outlooks remains poor. What does this mean for traders looking at the Canadian Dollar?
In his post this week, Graeme Kennerley turns his sights on the CAD and analyses its trajectory against the USD. The CAD looks set for a move to the downside, but is this confirmed on multiple timeframes? Join Graeme as he stalks this market and shows you where he sees opportunities.
To read Graeme's full article, please click here.
Happy trading!
Regards,
The TWP Team
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