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Nasdaq stocks lead the charge The major US indices are trading to new session highs with the Nasdaq leading the way. There is about 15 minutes left in trading. The snap shot is showin: S&P index +6.72 points or 0.22% at 3004.69 NASDAQ index up 27.7 points or 0.34% at 8181.13 Dow industrial average up
Weaker Manufacturing sales and oil hurt the loonie The USDCAD is higher on the day helped by the weaker Manufacturing sales for July (-1.3% vs -0.1% est) and fallling oil (Saudi production will be back up sooner than expectations – crude oil is down near $3.00 currently).   Technically, looking at the daily chart above, the price of
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do