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CAD Weekly Review (Jan. 11 – 15)

Another mixed week for the Loonie, and based on its relative performance, it’s likely the main driver was risk sentiment and counter currency flows. Oil was likely a driver as well as it lead the Loonie higher mid-week after news of Saudi Arabia’s plans to cut production likely brought in more bulls for both assets. …

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NZD Weekly Review (Jan. 11 – 15)

NZD fell to the bottom of the rankings despite a few positive economic updates from New Zealand. It’s likely risk aversion was the main driver for the weakness, and possibly on fresh updates on the recent RBNZ hack. 

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Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets.Alexander Elder