Canadians will vote in general elections on October 21. How will the loonie react? Here is their view, courtesy of eFXdata: TD Research discusses the latest readings from its high-frequency fair-vale model. “If we look across the G10, the cheapest currencies are AUD, NZD, NOK, and SEK. GBP trades 2.8% to HFFV, underscoring how touchy markets on positive Brexit headlines. Barring GBP, these numbers suggest the USD screens about 1.4% rich to the rest, and yet EUR and CAD are trading mostly where they should. That means a weaker USD, especially if a get a modest push higher in CNH, would benefit the cheap Asian currencies. Short EUR versus NOK/SEK looks more attractive than long EURUSD given’s MRSI short EUR on growth, carry, HFFV, and the yield curve,” TD notes. “CAD’s also fallen out of the long basket underscoring some room to fade it ahead of the Canadian elections. NZDCAD screens 2% cheap ahead of the lows,” TD adds. For lots more FX trades from major banks, sign up to eFXplus By signing up for eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Forex Today: Weekend noise anticipates a shaky start to the week FX Street 4 years Canadians will vote in general elections on October 21. How will the loonie react? Here is their view, courtesy of eFXdata: TD Research discusses the latest readings from its high-frequency fair-vale model. "If we look across the G10, the cheapest currencies are AUD, NZD, NOK, and SEK. GBP trades 2.8% to HFFV, underscoring how touchy markets on positive Brexit headlines. Barring GBP, these numbers suggest the USD screens about 1.4% rich to the rest, and yet EUR and CAD are trading mostly where they should. That means a weaker USD, especially if a get a modest push higher in CNH,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
