We had an outage earlier but all seems back up and running now
Apologies for the lack of service. I use the word "normal" loosely ofc given the market's fragility right now.
I'm going to focus on posting up order boards.
Nothing more on that nutty USDCAD spike to 1.4530 apart from confirming breach of barriers at 1.4400 and 1.4500. I reckon that someone had a decent size interest to knock those out and used thin liquidity conditions to drive the price through.
There have never been many market makers in CAD at the best of times and liquidity is never that great so that would be my best guess until proved otherwise.
Well, that and Adam's USDCAD to 1.6129 in 2016 forecast yesterday on BNN!
For those of you who don't use Twitter I tweeted a headline earlier that Kuroda repeated the BOJ won't hesitate to add stimulus if needed. USDJPY unfazed understandably.
