• USD/CAD above initial resistance at 1.0030 but 1.0050 is a critical level
  • AUD/USD at a session low, 1.0266
  • NZD/USD at a weekly low of 0.8148
  • Gold slumps to 1638
  • IMF says commodity exporters “may be in for a downturn”
  • US copper futures have broken their range since Jan 19, falling to $3.68

I’ve been talking about the danger of a breakout all week