usd/cad, page-15

Natural Gas and the Grains are generally reliable indicators of a bottoming in commodities - these lead the rest, and they certainly both look like they have bottomed and are moving up, so expect oil and the others to follow shortly.

As always its a time thing.

For the CAD, 1.24 now seems to be a short-term base, and another up move towards 1.2550 or more. Pierce 1.24 and we're heading down to at least 1.23 again. Good range trade at the moment.