Tradingfloor.com’s FX update: John Hardy, consulting FX strategist with Saxo Bank discusses the Canadian dollar and its relationship with the US economy. The USD has been weak and the recently published FOMC minutes have not had a positive effect on dollar.
The Spanish treasure auction seems to have been received well by the market, but Hardy questions if it is enough.
The Chinese economy slowing, Hardy explores these warnings signs and it particular effect on the AUD.