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TRADE CALL RECAPS Last Friday we were watching the Canadian Labor Change and US Non-Farm Payrolls reports. For the Canadian release, we were looking to long the USDCAD or EURCAD if the number came out 15k worse than expected. The actual number came out with a -1.4k deviation, so it did not meet our trigger…
What a difference a week makes….. We saw the Dollar fall back to retest support. So far it has held but the real question is will it continue to hold. We see more reasons for it not to hold than for it to hold so at best we remain cautious. If the Dollar does break…
O&F FOREX News & ViewsBy: Head Trader, Derek Frey June 9, 2008 Quick Links Register Now Related Topics About the Author General Market Comments: This week we continue with a full schedule of upcoming data announcements. We have both BoJ and BoC meetings this week. Both are expected to fall in line with the other major…