There's one important chart I wanted to show you today. I'll get to that in a minute.
News wise, though, there's nothing too exciting to talk about this morning; prices are little changed from where they finished yesterday ... and the day before that.
There is little on the data front - Canada reports retail sales numbers this morning. They're expected to come in positive. It would seem that in-line or better-than-expected numbers would be USDCAD negative ... driving the Canadian dollar higher versus the buck. But how much of an impact could this have if risk isn't cooperating?
Click on the following link to view the latest issue of Black Swan Currency Currents in PDF format:
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