Canadian Dollar Marc W. Steining Jonathon Hardy Lucas Valderrama.

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    05-Jan-2016

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  • Canadian DollarMarc W. SteiningJonathon Hardy Lucas Valderrama

  • Canadian EconomyGDP3rd Quarter 2004, 1.7%Annualized, 6.8%InflationIn 2004, 2.0%UnemploymentJanuary 2005, 7.0%

  • What we used?Long-TermInflationTrade BalanceShort-TermRSIMACD Fast Stochastic

  • Inflation

    Canadas Inflation: 2.68%US Inflation: 2%

    % Change in e = 2% - 2.68% = -0.68%CAD$ appreciates by 0.68%

  • Trade BalanceTrade Surplus with the USCAD$ 8,834,000,000 Growing trend in the past 5 yearsWe predict it will keep growing

    Surplus of US$CAD$ appreciates against the US$

  • Beyond the FundamentalsRSI

  • Beyond the FundamentalsRSIChart Interval: DailyPeriod Length: 6 months

    RSI < 30 (Oversold)RSI > 70 (Overbought)

  • Beyond the FundamentalsMACD

  • Beyond the Fundamentals

    MACDA divergence means that something is happening

    Positive to Negative = Sell SignalNegative to Positive = Buy Signal

  • Beyond the FundamentalsFast Stochastic

  • Beyond the FundamentalsFast StochasticPeriod High: 96Period Low: 7

    Signal < 20 (Oversold)Signal > 80 (Overbought)

  • FX StreetMarc Levesque, chief fixed income strategist at TD Securities. Tuesday, February 22, 2005Reuters - "The Bank of Canada still has a tightening bias, and they're still cognizant of the fact that the Canadian economy's operating pretty close to capacity, but this certainly provides them with all the flexibility they need to remain on hold for as long as they need to."

  • Lightning RoundQ1: What country was not an official country until 1982?

  • Lightning RoundQ1: What country was not an official country until 1982? A1: Canada!

  • Lightning RoundWhat countrys citizens consume more Kraft Dinner (aka Kraft Macaroni & Cheese) per capita than any other nationality on earth?

  • Lightning RoundQ2: What countrys citizens consume more Kraft Dinner (aka Kraft Macaroni & Cheese) per capita than any other nationality on earth?A2: CANADA!

  • Lightning RoundQ3: What country has more donut shops per capita than the United States does?

  • Lightning RoundQ3: What country has more donut shops per capita than the United States does?A3: CANADA!

  • Lightning RoundQ4: What country has two territories named Newfoundland and Labrador?

  • Lightning RoundQ4: What country has two territories named Newfoundland and Labrador?A4: CANADA!

  • Lightning RoundQ5: In what country is Mountain Dew served without caffeine?

  • Lightning RoundQ5: In what country is Mountain Dew served without caffeine?A5: CANADA!

  • Bonus Lightning RoundWhat is Canadas official sport?Hint: There are nets involved.

  • Bonus Lightning RoundWhat is Canadas official sport?

    LACROSSE