November 2011
Beginner
335 pages
9h 33m
English
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Euro/Canadian Dollar
This pair has equal interest rates at 1.00 percent and Frankfurt trades its last two-and-a-half hours into the first hours of trade in Toronto that opens at 9:30 a.m. New York time. If the DAX and the TMX in Toronto are both up, euro/Canadian dollar is a clear long, and a sell when both markets are down. If U.S. markets are up, it's a further indication for this pair to go long. Yet if the U.S. market is up, Frankfurt is closed, and the Canadian market is up, it's still a clear long, and a sell when both are down.
Euro/Canadian dollar should never be reconfigured under present interest rate-conditions and under the present perfect two-market arrangements. Both sides of this pair seek yields in their respective markets and ...
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