Uncle Ti 88

Commitments of Traders Report - Canadian Dollar Looks like the high made for USDCAD last year is short-lived. The commercials are now betting that the Canadian Dollar aka the Loonie will continue to rise. Optimism in the world economy contributes to the projection in demand for Canada's natural resources which is actually half of Canada's export revenues.

Don't want the hassle to go through the Commitment of Traders Report or look through the charts to see which are the best currency to invest in right now? Ok here is a straightforward list applicable in the week starting 25 December 2011 based on last week's Commitment of Traders Report and Commitment of Traders Proxy (20th December 2011). 1) Australian Dollar - Long 2) British Pound Sterling - Short 3) Canadian Dollar - Long 4) Euro FX - Short 5) US Dollar - Long