Has the Canadian Dollar Topped? by Andrew Vallance The Canadian dollar has been outperforming the U.S. dollar for a variety of reasons, and overall it’s hard not to be bullish the CAD. However, there are technical signs it hit a near-term top in mid-October that could hold for a while. This should offer shorter-term traders [...]

Aussie Dollar Benefits from Carry Trade, Improved Commodity Demand By Phil Streible The Australian dollar has pulled back a bit after a strong rally, and I think it’s an opportune time to set up an Aussie dollar debit spread, based on supportive technicals. There have been some signs of stabilization in the global economy, and [...]

Stock index futures were down again after the latest data on weekly initial claims for unemployment insurance jumped 32,000 to a seasonally adjusted 516,000, a seven-year high. The market is closing in on a test of its October lows, at 825 in the December S&P futures. Lind Plus Senior Market Strategist Jeff Friedman said technical [...]