1/14/08 Cad

Discussion in 'Forex' started by Asparagus, Jan 14, 2008.

  1. CAD looking really weak here against all reason. Oil higher, Gold Higher, FFF = 100% 50bp cut.

    TSX has diverged 1000 points vs. the dow in a very short time

    I know a lot of people are shorting CAD betting we will follow USD weakness...but i think these folks will ultimately be wrong.

    No position right now, but considering long CAD after the BoC rate cut.

    any thoughts?