Hello Ladies and Gentlemen!
I might have entered a tad early in this position, though it looks like it is forming a pullback.
The position is currently in a loss and that is okay. Let´s see if it works out.
In this video I breakdown why EUR/CAD continues to weaken to the downside as Higher Oil prices support the commodity-linked Canadian Dollar.
I also breakdown how interest rate differentials favors investors to sell euros to Buy Canadian Government Bonds paying a significant premium over Bunds.
Europe's economic outlook continues to turn grim as the war in...