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FXstreet.com: Fundamental: Fundamental Market ViewFXstreet.com: Fundamental: Fundamental Market ViewCurrency Currents

Jul 18,2008

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FXstreet.com: Market View. Have access to the latest market reports that will help you in your trading decisions.Currency traders are convinced … ... the Canadian dollar should be trading at par with the US dollar. We’re not sure exactly how traders became convinced, but this explains why we’ve seen a departure between the Canadian dollar’s correlation with commodities and commodity currencies. At one point we’d have expected the Loonie to surge to new highs along-side crude oil and the Australian dollar. But we’ve found it just can’t shake the tight link between the US and Canadian economies. In fact,

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