Just a quick update that the US Dollar surge is continuing. EURO.USD has just reached a 6 year low at 1.2500 which was a short-term target for many big banks, the Dow Jones Average and the S&P are both trading at record highs.
The Canadian Dollar is taking it on the chin as it is off
almost 75 points this morning against the US Dollar, there is no reason to
think that this trend will stop anytime soon. US Dollar buyers need to get
their orders in to buy some on any small pullbacks. Very volatile trading at
the moment.
Mike
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