Yesterday 1/14/16 we saw weakness in the EUR USD during the New York trading session after a decent move up from Asia and London Wednesday night. From Asia and London last night we saw what looks like a retest of that move up. We expect EUR USD to move down today and show continued weakness. The US Advance Retail Sales (DEC) news is due at 8:30 am EST USA. Let's see if Euro falls as we anticipate.
USD CAD continues to grind higher into 13 year highs. We expect USD CAD to continue to grind higher and range looking for top tick. An eventual reversal is coming in USD CAD and it is going to be substantial.