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Today's All Things Forex Broadcast: Why the CAD Still Makes Sense

|Includes:FXE, ProShares Ultra Semiconductors ETF (USD)

In the broadcast today: Why the CAD Still Makes Sense. As another day of investors' uncertainty and risk aversion hits the markets, we look beyond the doom and gloom and make the case for why the CAD still makes sense as one of the best candidates to take advantage of future improvements in market sentiment and economic conditions, we monitor the renewed weakness of the EUR vs. USD and other majors, we examine the drop in the GBP despite of the higher U.K. economic growth report, we highlight the market's reaction to the IMF warning on the banking system in Spain, the U.K. GDP, and the U.S. Consumer Confidence, we discuss new forecasts from Morgan Stanley, Bank of New York-Mellon and Credit Suisse, and prepare for the trading session ahead.
 

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