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COT 04/14

Monday, 14 April 2008 14:31:30 GMT

Written by Jamie Saettele, Currency Analyst

Implications: Bullish

04-14-08cot7

 

CAD:  The 52 and 13 week COT indexes are at 8 and 25 after being at 4 and 0 last week.  Readings this low warn of a bearish sentiment extreme.  As such, the CAD is expected to outperform over the next few weeks. 

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