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TRADE CALL RECAP For our last Live on the News event, we were watching the Canadian GDP report this morning. We were looking to short the USD/CAD or EUR/CAD if the report came out at least 0.2% better than expected. The number came out with a deviation of 0.1%, so it did not meet our…
General Comments: This week we have both a large amount of data coming out and a shortened week here in the States due to the 4th of July holiday on Friday. All eyes remain fixed on Crude Oil. The market very much expects Triche to raise rates later this week in an effort to slow…
The FOMC did nothing as expected. Really not much they can do but sit by and watch the destruction happen and wonder why. As if they were not the cause. The reason we are in this mess is simple. The devaluation of the Dollar is the culprit. Never in the history of recorded time has…