Currency Market Update – CAD at 2009 levels

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The Intraday chart on Canadian dollar (CAD) ETF ( FXC , quote ) as Ivey Index comes in very weak vs. December.

Image courtesy of Kevin Dooley: http://www.everystockphoto.com/photographer.php?photographer_id=460 The Canadian dollar is now at fresh cycle lows against the U.S. dollar and now takes price back to December 2009 levels.

Stay short FXC to play.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , International , Stocks

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