dollar Canadian dollar October 7, 2010
dollar Canadian dollar broke below 1.01 in yesterday, and may 1.06 trigger to further downside risk. Gold price breaks another 1.05 record high in this morning, and approaches to $1,350/oz. 1.04 Also, crude oil price in New York extended the rally and traded above $83/barrel. Canada and U.S. will announce job 1.03 data in this Friday, which will be the market spotlight ahead. 1.02 1.01 Technical. If USD/CAD consistently trades below 1.01, then 1.00 further downside risk towards 0.9930 is on the cards.