Posts Tagged ‘trade currency futures in canada’

Euro May Have More Room to Run, but Nearing Resistance

By Drew Shaw • Sep 29th, 2010 • Category: Broker Commentary, Market Updates

by Drew Shaw and Kyle McEwan The euro has been gaining ground on the U.S. dollar amid speculation that the Federal Reserve may announce new quantitative easing measures. The dollar declined to $1.3639 per euro, the weakest level since April 15, 2010. If you are long the euro, you might want to let your position [...]



Currency Market Weekly: June 11, 2010

By Gord Weisemann • Jun 11th, 2010 • Category: Broker Commentary, Market Updates

by Gord Weisemann This past week, the markets have generally taken a breather from their relentless selling. That being said, the momentum doesn’t inspire much confidence, at least not for me. The markets will generally take the path of least resistance. Let’s take a look at the picture for currencies. U.S. Dollar Last week, the [...]



Currency Market Weekly: Euro Woes Not Over

By Gord Weisemann • Jun 4th, 2010 • Category: Broker Commentary, Market Updates

by Gord Weisemann Friday’s U.S. employment report was less-than-spectacular given that almost all the 431,000 non-farm payroll jobs gained can be attributed to temporary U.S. Census work. In Europe, members of Hungary’s ruling party are going to have to brush up on their market-calming speeches after a member was quoted saying their financial condition is [...]