Commodity FX (CAD AUD NZD NOK)

for those who want some little bucks to their money
ANADARKO resistance at 49.5- 51
APaCHE 87
Baker hughees 41.25
Cabot 28
CAmeron 35.6
Chesapeake 19.7
Chevron 77

hi ashraf,any thoughts on usdcad,just wondering were u see it capped at if this will be a short lived usdcad rally..ok thanks:)

Analysts were also weighing up the likelihood of a hung parliament, as seen following British parliamentary elections earlier this year, forcing the main parties to bring in some of the Australian Parliament's handful of minor-party members.

The odds of such an outcome -- not seen since in Australia since 1940 -- were increasingly likely, recent surveys show. A Sydney-based poll conducted at the start of the week predicted a hung parliament -- reversing its reading of a comfortable victory for Labor five days earlier.

IG Market's Weston said such an outcome would put the Australian dollar under renewed selling pressure.
http://www.marketwatch.com/story/australia-election-to-impact-miners-aussie-dollar-2010-08-19?dist=beforebell

just went CHFNOK short the spread is so high that Iran must block tanker routes to push oil and NOK higher ..but I expect after the mergency meeting France some action by ECB