It is waiting for the the Speech by the central bank and for the CAD GDP on Friday. The major catalyst will be Friday's GDP to confirm the terrible inflation data that came out on the CAD last Friday. Terrible. USD is waiting for ol' Yeller to speak and for US GDP on Thursday to confirm the Bullish dollar. If all of this stays in place, then let's look at the charts to see if we can go long the USD against all other currencies on higher time frames.