La Croix Energy Capital | Petroleum Derivative Trading

“Think like a fundamentalist; trade like a chartist.”
Dennis Gartman. Rule #8 - Gartman’s Simple Rules of Trading

Monday, January 11, 2010

Currency in the News

Dollar No Match for Aussie, Loonie Approaching Parity
Jan. 11 (Bloomberg) -- The biggest monthly rebound in the Dollar Index since January means faster gains for Australia’s and Canada’s currencies as the recovering U.S. economy boosts demand for their commodities.
Read more: http://www.bloomberg.com/apps/news?pid=20601087&sid=aYF3xBASV3N0&pos=7