The Bank of Canada's policy statement steps up its emphasis on needing to see a shift to exports and business spending, and away from consumption as Canada's key growth drivers. It says the gradual strengthening in the fundamental drivers of growth and inflation it expects "hinges critically on the projected upturn in exports and investment." The central bank is also still concerned about inflation missing on the downside and how risks associated with household finances "remain elevated."
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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