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Forex Flash: CAD technical considerations not generating strong signals - BBH

By FXstreet.com,  January 07, 2013, 04:37:00 AM EDT

FXstreet.com (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman comments that despite his bias for a higher CAD, the technical considerations are not generating strong signals.

He adds, "However, there are more effective ways to express a negative view of the US dollar, and we note that often in a weak US dollar environment, the Canadian dollar lags on the crosses."




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, Forex and Currencies

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