Personal Income and Spending data has produced mix results through the past three releases, as surprises have frequently been overshadowed by data from other economic figures. Based on price action alone, it seems as though risks may remain to the upside for the downtrodden US dollar.

The USD/CAD is Antonio Sousa's primary target for hedging in the week ahead, with clear range-bound trade and concrete support and resistance levels.

The Canadian Net Change in Employment report has produced mixed results through the past three releases.

The Shanghai Composite Index fell by 8.3% to close at 3,670 points, on speculation that the Chinese government could launch a new wave of tightening measures to cool down one of the hottest stock markets in the world.

China triples the stamp tax on securities trading in an attempt to cool down the stock market.

Antonio Sousa writes that gains in NZD, AUD and GBP positions are being offset by losses in CHF and HKD.