Friday 30 January 2015

GFX Morning Commentary-Currency Alert

Good Morning,

The Canadian Dollar continues to get absolutely hammered, both the US and Canadian GDP reports have disappointed but USD.CAD has risen over 100 points in the last half hour.

It is time for the Bank of Canada to intervene in the markets and bring some stability to the Canadian Dollar, this type of movement Is not good for anybody.

Mike

 

 

 

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