It is amazing how right I have become on the Canadian dollar, so I hope you have been investing on the help I’ve been trying to provide. The Canadian dollar was up to about 92 cents American. It’s back down to 86 cents. These are huge moves only over the course of a few weeks. That’s a lot of profit if you’re invested on the right side of the move.

I was calling it here: Has the Canadian Dollar Hit The Ceiling

It’s a trend we will probably experience too since reality is starting to hit the market again. It seemed like the last run we’ve had in the market has been out of touch with reality. People just wanted the market to work, but it really wasn’t. More grim predictions are coming in and oil is starting to sag back down.

When it comes to the Canadian dollar, without any power in oil, there is going to make it go up. Let me say that again, without oil power, it won’t go up.

Oil is going down again. I doubt it will fall as low as we were seeing before, but it’s going down. Until that trends turn, you can bet the Canadian dollar will be weak. Exploit it for your profits.