Transcript Canadian Dollar

Canadian Dollar
Marc W. Steining
Jonathon Hardy
Lucas Valderrama
Canadian Economy

GDP



Inflation


3rd Quarter 2004, 1.7%
Annualized, 6.8%
In 2004, 2.0%
Unemployment

January 2005, 7.0%
What we used?

Long-Term



Inflation
Trade Balance
Short-Term



RSI
MACD
Fast Stochastic
Inflation




Canada’s Inflation: 2.68%
US Inflation: 2%
% Change in e = 2% - 2.68% = -0.68%
CAD$ appreciates by 0.68%
Trade Balance

Trade Surplus with the US




CAD$ 8,834,000,000
Growing trend in the past 5 years
We predict it will keep growing
Surplus of US$

CAD$ appreciates against the US$
Beyond the Fundamentals
RSI
Beyond the Fundamentals
RSI
Chart Interval: Daily
Period Length: 6 months
RSI < 30 (Oversold)
RSI > 70 (Overbought)
Beyond the Fundamentals
MACD
Beyond the Fundamentals

MACD
“A divergence means that something is
happening”


Positive to Negative = Sell Signal
Negative to Positive = Buy Signal
Beyond the Fundamentals
Fast Stochastic
Beyond the Fundamentals




Fast Stochastic
Period High: 96
Period Low: 7
Signal < 20 (Oversold)
Signal > 80 (Overbought)
FX Street
Marc Levesque, chief fixed income strategist
at TD Securities.
Tuesday, February 22, 2005Reuters - "The
Bank of Canada still has a tightening bias, and
they're still cognizant of the fact that the
Canadian economy's operating pretty close to
capacity, but this certainly provides them with
all the flexibility they need to remain on hold
for as long as they need to."
Lightning Round
Q1: What country was not an official country
until 1982?
Lightning Round


Q1: What country was not an official country
until 1982?
A1: Canada!
Lightning Round

What country’s citizens consume more Kraft
Dinner (aka Kraft Macaroni & Cheese) per
capita than any other nationality on earth?
Lightning Round


Q2: What country’s citizens consume more
Kraft Dinner (aka Kraft Macaroni & Cheese)
per capita than any other nationality on earth?
A2: CANADA!
Lightning Round

Q3: What country has more donut shops per
capita than the United States does?
Lightning Round


Q3: What country has more donut shops per
capita than the United States does?
A3: CANADA!
Lightning Round

Q4: What country has two territories named
Newfoundland and Labrador?
Lightning Round


Q4: What country has two territories named
Newfoundland and Labrador?
A4: CANADA!
Lightning Round

Q5: In what country is Mountain Dew served
without caffeine?
Lightning Round

Q5: In what country is Mountain Dew served
without caffeine?

A5:
CANADA!
Bonus Lightning Round


What is Canada’s official
sport?
Hint: There are nets involved.
Bonus Lightning Round


What is Canada’s official
sport?
LACROSSE