It would not be surprising to see the USD/CAD pair fall down towards 0.9500 in coming days. However, Canadian economic data may limit losses as GDP for the third quarter is expected to slow, giving the Bank of Canada reason to consider cutting rates next week.

“Pushing on a string” is an expression that describes what happens when a deflationary spiral gets out of control. The financial authorities can offer more money on better terms, but the banks and the borrowers are already having trouble paying off the debt they’ve got; they don’t want any more. Besides, they’re not too sure that others will be able to pay their debts either.

The US dollar, equity markets, and Treasury yields could stand to gain as annualized GDP for Q3 is expected to be revised higher on Thursday.

The US economy is not out of the woods.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for November 28.

Tim Bourquin interviews Pinoy Trader, who talks about the strategies he uses, and how he measures his own success in the markets.

Strong inflation pressures have thus far left the European Central Bank maintaining a hawkish bias. However, downside risks to growth, instability in the financial markets, and the rapid appreciation of the euro has also left the bank quite unsure of what to do next.

The Dow plummeted 237 points, 10-Year US Treasury Bond yields fell to the lowest level since March 2004 ,and the US dollar fell to a fresh two year low against the Japanese yen.

US economic data this week is likely to highlight the mounting recession risks that have plagued the greenback and equity markets.

Tim Bourquin interviews Jeff White, who talk about how he finds trading opportunities by using scanning software, how he determines his stop loss points and how he scales out of profitable positions.