BNN Video: AUD, JPY and CAD Outlook
January 11, 2011
I was on the Business News Network this AM talking about the floods in Australia, Japan’s pledge to buy European bonds and the Canadian dollar. Enjoy! Click on the image to watch the video
Posted in 2011 cad forecast, 2011 dollar forecast, Australian Dollar, Forex TV, aud/usd, forex blog
content rss
January 11th, 2011 at 1:29 pm
Hi Kathy! I have been following you for a little while. I must say your research and comments are amazing!! Great work!!
I was wondering how Forex trading would be affected if ever the Euro is dissolved? Lets take the Euro/Usd for example. Would the Forex chart just freeze and we would be stopped out at a loss? Or would the price drop to zero and we could trade all the way down?
Thanks!
January 11th, 2011 at 6:21 pm
First, I believe that the euro is here to stay. But hypothetically should a dissolution of the euro occur, it would not be out of the blue. It would be discussed and debated over for months and months. Clear plans of how to go back to individual currencies would be laid out and indices would be created to track those currencies so people can switch over.
January 11th, 2011 at 6:33 pm
Kathy with all my respect. I though you said in previous videos, the aud is a good buy on dips ? what a deep dip
. and before that it was a good sell !
The thing is that its getting clearer that its not possible to forecast currencies ” like flipping a coin” . But unfortunatly people want to believe the other story
January 12th, 2011 at 9:53 am
Another great article Kathy! Its amazing how this scenario could play out over time. We will have to wait and see!
Thanks!
January 12th, 2011 at 12:37 pm
Great insight Kathy on BNN Video! Do you see the move by countries like China to buy eurobonds as a sign of confidence in the euro or more of a strategy to prop up their heavy reserve positions in Euros? Considering all the uncertainty in Europe, I would have to go with the latter.
January 17th, 2011 at 5:26 pm
[...] Kasting has a great article on the real effects of the flood recovery efforts that echo Kathy Lien’s sentiments expressed last week. Definitely something to watch as the AUD regains the 99 cent level in [...]