Canadian Greenback Soars, Euro Sinks. Will 2020 See Fortunes Reverse?

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Canadian Greenback Soars, Euro Sinks. Will 2020 See Fortunes Reverse?

2019’s Greatest and Worst Performing Main Currencies Speaking Factors:The Canadian Dollar seems set to win 2019’s foreign money b


2019’s Greatest and Worst Performing Main Currencies Speaking Factors:

  • The Canadian Dollar seems set to win 2019’s foreign money battle
  • Barring unlikely last-minute reprieve, the Euro will lose it
  • The New Yr might effectively see some league desk shifts, however they might have to attend some time

EUR/USD
MIXED

Data provided by



of clients are net long.



of clients are net short.

Change in Longs Shorts OI
Daily -1% 11% 5%
Weekly 20% -20% -4%

Canadian Greenback bulls look set for the largest New Yr’s Eve celebrations this 12 months, with followers of the Euro more likely to mark the tip of 2019 in additional muted trend.

The Loonie has been the standout performer amongst main traded currencies this 12 months, gaining almost 4% in opposition to the Greenback so far. The one foreign money has fared a lot worse, dropping 3.10% in opposition to the dollar.

Is that this rating more likely to change within the New Yr? Effectively, not clearly at the very least within the…



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