What's going on with the USD/CAD | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

buy when starts going up, sell when starts going down 5 replies

Going Platform independent! Going pyhon! 29 replies

CAD export / USD/CAD price 3 replies

GBP/USD, USD/JPY, EUR/USD : Where are they going? 14 replies

Where the hell is CAD/JPY going?? 3 replies

What's going on with the USD/CAD

  • #1
  • First Post: Mar 26, 2007 12:27pm Mar 26, 2007 12:27pm
Oil has risen to over $62 and the CAD is still stuck in the same range as when oil was below $60? Any thoughts as to why the rise in oil isn't strengthening the CAD?
  • #2
  • Mar 26, 2007 1:39pm Mar 26, 2007 1:39pm
I don't trade usd/cad but I recently read this article and it may shed some light on the situation for you.
http://www.fxstreet.com/news/forex-n...e-495fec0af9d7
  • #3
  • Last Post: Mar 26, 2007 9:29pm Mar 26, 2007 9:29pm
My guess is that is the election day here in Canada, and this keeps traders away from dealing. ( traders in FX at banks ). This is why your cad.usd is stuck.
The risk is what gives value to an investment.
0 traders viewing now