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CANADIAN RETAIL SALES PROVIDES UP TO 40 PIPS FOR TRADERS Last Friday we were watching the Canadian Retail Sales figures, and we were looking to long the USD/CAD and EUR/CAD if the number came out at least 0.4% worse than expected. The actual number came out with a deviation of -0.6%, so it met our…
DetailsComments: Commodities are still strong this week. We continue to sound the alarm about the commodities correction to come. Again we are not commodity bears at all, just no longer bulls in the near term. We are using these spikes to higher prices both last week and this week to exit long trades in commodities. …
DetailsComments: This week we have a lot of data coming out. Here in the US we have PPI, then later in the week we have GDP coming out of England. We expect to see another week of mixed movement with little directional bias. Overall the Dollar is still trying to find and hold a bottom…
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