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Currency Speculations
About the Canadian dollar
Wed, Apr 30 2008, 23:14 GMT
by Mihai Nichisoiu
With the data now at hand, I perceive that the Canadian dollar has a very good chance to turn significantly weaker versus the US dollar. I see that process starting soon, and then unfolding impulsively over several months.
Early next week I'll briefly document the premises of such a perception.
Published on Wed, Apr 30 2008, 23:18 GMT
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Mihai Nichisoiu
| Bucharest, Romania
http://www.mihainichisoiu.com | mihainichisoiu@gmail.com
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©2008 "FXstreet.com. The Forex Market" All Rights Reserved.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
©2008 "FXstreet.com. The Forex Market" All Rights Reserved.