Dollar Versus Loonie and Aussie December 16th

FX Strategy Video > Currency Pairs Analysis

USD/CAD pulled back a bit during the Thursday session as the markets settled down quite a bit after sharp moves. The Dollar will continue to be the currency wants in the end however, as the headline risks continue in the markets.

AUD/USD had a small gain for the session as well, but failed to break above the parity level. Because of this, we see that area as the ceiling at the moment, and are willing to sell weakness, and a break of the bottom of the Thursday session to fill the gap form two weekends ago.

Published on 16th of December 2011
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