USD/CAD

Some insights from Dec. 1, 2005 through Nov. 30, 2006:

1. The average range was 0.0085 points. The range exceeded 0.0130 points only eight percent of the time. Sixty-eight percent were above 0.0060 and up to 0.0100 points.

2. The close-to-close changes exceeded +0.0100 or -0.100 five percent of the time.

3. If the pair traded more than 0.0050 points below the previous day’s close, it had only a 6 percent chance of closing up for the day.

4. If the pair traded 0.0050 points above the previous day’s high, it had only an eight-percent chance of closing down for the day.

5. Intraday analysis from Oct. 1, 2005 through Nov. 30, 2006 shows the highest average range for the 60-minute bars occurred during the 7:00 hour. Here, the average was 0.0028 points and the median was 0.0027 points.