The Intraday chart on Canadian dollar (CAD) ETF (FXC, quote) as Ivey Index comes in very weak vs. December. 

Image courtesy of Kevin Dooley: http://www.everystockphoto.com/photographer.php?photographer_id=460The Canadian dollar is now at fresh cycle lows against the U.S. dollar and now takes price back to December 2009 levels. 

Stay short FXC to play.

 

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