One of the casualties of the ongoing rout in commodities has been currencies in countries whose economic output is substantially tied to commodities. Specifically, Australia and…
Tagged $USDCAD
ChOTD-4/4/14 Canadian Dollar ($FXC) Putting In A Bottom?
Following the Australian Dollar’s example (up 2% since our 2/19 post), the CurrencyShares Canadian Dollar ($FXC) may be in a bottoming process. After a false breakdown…