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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (62531)	1/22/2007 2:11:43 PM
From: jimmg	Read Replies (1) \| Respond to of 116555

Does any one have any idea why the CAD weakened all of a sudden? oil and metals reversed to the downside. I think the CAD is going back to 75 at minimum.

To: Haim R. Branisteanu who wrote (62531)	1/22/2007 2:33:01 PM
From: Haim R. Branisteanu	Respond to of 116555

22 Jan 2007 19:12 GMT BULLET: DOLLAR-CANADA: IMM driven demand said behind the in.. DOLLAR-CANADA: IMM driven demand said behind the spike higher in the pair to C$1.1835 and thus to fresh highs for the session and thus its highest since Nov 2005. US investment banks also seen as aggressors on the move with stops tripped as the dollar topped the recent C$1.1804 highs and charged through option barrier strike levels around C$1.1825. Provided by: Market News International