Pre-opening Comments for Wednesday September 16th U.S. equity index futures are higher again this morning. S&P 500 futures were up 4 points in pre-opening trade. Futures are responding to continuing weakness in the U.S. Dollar. Weakness in the U.S. Dollar has prompted the Canadian Dollar to test a key resistance level at 93.95. The Canadian [...]
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Welcome back to the work week. First day back after a long weekend/holiday is always tough. But there’s good news, I guess. With the Toronto Stock Exchange closed on Monday, you neither won nor lost…kinda sounds like prom night…sorry Donny V. The US markets had a nice rally yesterday, so obviously you all threw your [...]
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North American equity markets managed to record modest gains last week. The S&P 500 gained 0.8% and the TSX Composite improved 1.1%. Once again, currencies had a major influence. The U.S. Dollar broke a key support on Friday when it fell below 78.33 to an eight month low. The Canadian Dollar broke a key resistance [...]
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