USD/CAD Daily Outlook - ActionForex

    USD/CAD Daily Outlook – ActionForex

    Daily Pivots: (S1) 1.3865; (P) 1.3882; (R1) 1.3907; More… Intraday bias in USD/CAD remains neutral as consolidations continue below 1.3917 temporary top. Further rise is expected as long as 1.3789 minor support holds. Rise from 1.3641 is seen as the third leg of the corrective pattern from 1.3538. Above 1.3917 will target 1.4139 first. Break…

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    Geoffroy van Raemdonck

    Saks Global Files for Chapter 1 Bankruptcy

    Saks Global’s high-wire financial act is finally over.  The company, which just over a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday — scrambling high-end retailing and leaving both vendors and lenders holding the bag. Saks Global went to court with $1.75 billion in financing from a…

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