Even so, U.S. stock indices resumed setting new record highs ... USD/CAD rose from 1.3472 to a high of 1.3494, CAD/JPY tumbled from a high of 83.35 to a low of 82.94, EUR/CAD bounced to 1.5122, and AUD/CAD is up to 1.0053.
For CADJPY, throttling back on the wild price action would leave ... On Wednesday, the Ivey business PMI survey and building permits numbers will take stock of the factory and housing sectors. Far more market moving though is Friday’s …
Disclosure: I am/we are short CADJPY. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is …
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CADJPY remains in a negative trend but this week's firm rejection ... which may arise directly or indirectly from use of or reliance on such information. Forex, Futures, Stock, and/or Options trading have large potential rewards, but also large …
The Canadian dollar drifted lower against its most major rivals in the European session on Friday. The loonie weakened to 1.3712 against the greenback, 1.4908 against the euro and 82.87 against the yen, from its early highs of 1.3686, …
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Traders should consider a 3:1 reward-to-risk standard. The wild card in trading the CAD/JPY is the U.S. dollar. A weak dollar, resulting from stock market sell-offs or postponement of interest rate increases this June, will strengthen the …
This phrase comes from the study of seasonal aspects upon the stock market. Editor's Note ... AUD/USD, NZD/JPY, NZD/USD, CAD/JPY and buying a pair like USD/CAD can have a statistical edge during those times. Keeping seasonal …
Some better wage data helped the tone. A weaker stock market in Europe (Dax down 2.63%) and the US (S&P down -1.01%) helped weaken risk pairs (like everything with a JPY in it). The AUDJPY, GBBJPY, CADJPY and NZDJPY fell …
As it is with all yen crosses, CADJPY will find its direction from the level of risk ... On Wednesday, the Ivey business PMI survey and building permits numbers will take stock of the factory and housing sectors. Far more market moving though …