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Canadian Dollar Technicals - Trend Reversal?
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Maizeing
Posted 8/30/2015 14:22 (#4761113 - in reply to #4759451)
Subject: RE: Canadian Dollar Technicals - Trend Reversal?


Ontario's middle east
I guess I'm not ready to bet against the trend just yet. I believe a bottoming of the looney will coincide with a crude bottom.... I see some making that call this weekend but I would lean towards that being a longer process than this short event. Time will tell. Canadian producers do need to pay attention though, a quick correction in the dollar could extract a $1/bu out of cash beans in short order. Thanks for the update.
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