U.S. Dollar Crushed . . . .

[monte]

Trump likely wants a lower USD to make imports more expensive. I thought I read the US Trade deficit is growing.

He put forward a budget that leaves big deficits. That can't be supportive of the USD.

Interesting times.

[Stampsguy]

Trump definitely wants a lower dollar but I think it has more to do with helping the exporters. Going to make it harder to compete on grain sales for us.

[sumdumguy]

I believe the US is intentionally trying to drive their dollar down to make their exports more saleable and improve their trade deficit. A low dollar is beneficial to their economy as some of our best export years came with a very low Cdn dollar.

[biglentil]

Thats great but reckless devaluation of the reserve currency does not encourage its use by the rest of the world. Trust has been broken and its quickly becoming a hot potato.

[sumdumguy]

A hot potatoe? You wouldn't know it by Las Vegas.

[farming101]

CAD same old same old...Recent pop above 80 was the latest opportunity to short.

http://www.cbc.ca/news/business/canada-stock-market-performance-laggard-1.4526473 http://www.cbc.ca/news/business/canada-stock-market-performance-laggard-1.4526473

http://www.canadianbusiness.com/investing/canadas-stock-market-is-the-worst-performing-in-the-world-right-now/ http://www.canadianbusiness.com/investing/canadas-stock-market-is-the-worst-performing-in-the-world-right-now/

[biglentil]

TSX to the moon!

[farmaholic]

That's enough negative waves out of you 101.

Those are ugly charts.

I wonder if it's a partial result of current government ineptitude. I know the "circus" rolled into town Oct 2015, but maybe it took a year and a half for them to prove just how bad their circus performance was going to be..... when our markets parted ways on or about Feb 2017.

Is it all oil's fault?

[errolanderson]

Realize this may stir-the-pot, but U.S. equities may be in for quite a rough ride in 2018. Inflationary worries are the least of U.S. concerns (despite recent media hype). Walmart fallout today is a huge warning for retail (IMO). JP Morgan has downgraded U.S. GDP to just 2.5 percent.

This is just the beginning of volatility . . . .

[farming101]

That's enough negative waves out of you 101.

Those are ugly charts.

I wonder if it's a partial result of current government ineptitude. I know the "circus" rolled into town Oct 2015, but maybe it took a year and a half for them to prove just how bad their circus performance was going to be..... when our markets parted ways on or about Feb 2017.

Is it all oil's fault?

A major contributor. Crude alone went from being 19% of total Canadian exports by value to 10% in 2 years

[errolanderson]

Amazing comeback since Dow plunged mid-Feb. Dow now within 3 percent of its all time highs. Talk of massive Corp purchases and heavily margined investors fueling recovery as 10 year treasury yields fall back. Fed Powell testimony this week may offer direction of further Fed rate hikes this spring.

Expecting more excessive stock market volatilty heading toward spring. Mid-Feb plunge wasn’t a one-off event (IMO) . . . .

[malleefarmer]

Sell the rumour imending fall, buy the fact it did, go the dow