Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
Catnip, you are a fundamentals trader. Any thoughts?
BTW, Ashraf's book does a great job of explaining the carry trade, and how enormous these currency flows are. The lengths of recent candles illustrate that point well. Come to think of it, I should probably re-read those chapters while I wait for the markets to settle down.
Those who have traded FX over 6-7 years ago may recall USDCADs 1-2 day lead for subsequent moves in USDX.
Ashraf
Ashraf
see it dipping to 9600 enroute to 9350/9400 in coming months..... gl/gt
CANADA JOBS due at noon GMT exp +23K from +69K and unemp rate 7.7% from 7.8% allows the potential for 0.9820s in USDCAD.
Ashraf