Some early Monday FX movement again. The Canadian dollar is seeing some selling on this I posted earlier:
Move being exacerbated by the ultra-thin liquidity conditions at this time of the trading week (I remind about this every single Monday) - this can be turned to one's advantage if you can get set on your amount …. case in point, right?
While I concur with the great trader George Soros' advice to 'invest first, investigate later' (in this case it would be disinvest, right?) this is around Canada issuing a statement on Saudi human rights
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ps. When Mr Soros says 'invest first, investigate later' he is (in a nutshell) saying get your position on when the market is moving and then do your investigation - doing the investigating first can mean getting set at a poorer rate.
pps. You'll often see and hear people disparage Soros for his politics and thus try to cast aspersions on his trading ability. Do not let bias like this infect your trading decisions. A really dumb way to die.
