alirght just placing a trade before I hit the sack... short the canadian dollar futures here at 0.9834 stop at 0.9841 first target is 40 pips below the market.. about 4 to 1 reward to risk at the first target second target is new lows... great R:R coupled with good probability on this one.. calling it a night
global inflation worries rising with backdrop of slowing growth, ends up tieing central banks hands, risk of deeper recession. basically they wont be able to be as aggressive as needed. thats why we had 25 basis instead of 50.