Our Dollar should be trading higher and will likely resume it's upwards trek towards Jim Sinclair's first target of $1.70 shortly after next week's sizeable Fed rate cut.

Canada is one of the few leading OECD economies that is expanding it's money supply at a much more conservative rate compared to insane US levels, so I am convinced this factor will translate into a strong Loonie in short order.

Other currencies including the Euro & Yen, have appreciated quite a bit against the Greenback lately so it won't take long before the smart money also starts moving towards the next logical target - en masse into the safety & strength of our Commodity-based economy.