Currency Market Update – CAD at 2009 levels


Shutterstock photo

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

Image courtesy of Kevin Dooley: 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.


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

This article appears in: Investing , Stocks

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