#FX Daily - Sentiment Recovers On #China #RRR Cut & #Trade Talk Hope

#InKurodaWeTrust 🤓☹😷

$CAD #Technical Overview - $CAD-bullish weekly reversal versus the $USD though last Friday followed by additional gains this morning. Technical signals still suggest $USDCAD is heading to the low 1.32s.

never get out of bed for less than $10k

Shorting bonds past few weeks is like going long same turd 800 ticks ago. #trading #facts #ILovethedough

#trading #facts

My recent dip buy attempt with $TSX60 went down the toilet, now waiting to see how it reacts to 20-50DMAs. #trading $SPTSE

$USDSEK it all depends on your timeframe. My crystal ball from dollar store says downside in the making 😑 #trading #forex

🐧 Run penguin, run!!! x.com/carygrantschin…

It's time to start getting back to a healthy routine and eat more salads. #TuesdayThoughts

#FX Daily - Markets Optimistic On Trade Talks; $CAD Risk Into #BoC

CIBC: "The Bank of Canada has taken itself out of the rate hike game, and its message today suggests that it isn't quite as sure about when it will come off the sidelines and hike again" #BOC #cdnecon

Canadian housing is like a fine scotch. No millennials can afford it.

$CAD Weekly - #CAD may stabilize after outperforming so far in January. #cdnecon #BoC #BankofCanada $USDCAD

Inventory-to-sales ratios are rising rapidly for both Canada manufacturing and wholesales. #cdnecon

The January #cdnecon credit data was released over the weekend (credit.bankofcanada.ca/householdcredit). Modestly encouraging, consumer credit still moderating (though up m/m), mortgage credit accelerating. *

This business doesn't have feelings. You get bought, you get sold, you get fired. -Roger Sterling

Cdn non-financial sector debt y/y: +$288B Cdn nominal GDP y/y: +$45B

$CAD Weekly Outlook- $USDCAD fundamentals and technicals dovetail to suggest some downside risk to 1.33. Watch Poloz comments Monday (perhaps less dovish than markets are positioned for) and Employment Friday.

$CAD #Technical Overview - $USDCAD popped higher to test the upper end of the well-established 1.33/1.34 range this morning. Sustained gains are needed to signal a range break out and a push towards 1.3465, however.