Outlook for Canadian Dollar - Life Beyond Parity
April 6, 2010
I was on the Business News Network this afternoon talking about the outlook for the Canadian dollar and whether the loonie will experience a sustained break below parity. Readers of my blog will know that I have been anticipating this move for some time! Click on the image to access the video interview.
Posted in 2009 canadian dollar, Bank of Canada, Canadian Dollar, parity
content rss
April 7th, 2010 at 2:35 pm
How curious, I’ve bought AUDCAD earlier today, closed with gain. Also I am short- term long USDCAD, as the price has crossed 20ma on 3h chart and probably will touch the upper bb. Oil’s got uneasy a bit, too.
April 7th, 2010 at 3:08 pm
[...] Lien spoke on the Business News Network about USD/CAD and outlined the reasons for more gains. I agree with her sentiment. In this post, we’ll discuss her points and add more – all [...]
April 9th, 2010 at 6:57 am
[...] 1, the next support line is 0.98, followed by 0.97, which is a strong line. Kathy Lien talked about a correlation between $92 per oil barrel and 0.97 for USD/CAD. This will still take some time, but [...]
April 9th, 2010 at 4:52 pm
[...] Kathy Lien provides a long term forecast of USD/CAD after parity. Here’s a follow up that I wrote about it on Currensee’s blog. [...]
April 10th, 2010 at 1:23 am
[...] 1, the next support line is 0.98, followed by 0.97, which is a strong line. Kathy Lien talked about a correlation between $92 per oil barrel and 0.97 for USD/CAD. This will still take some time, but [...]
April 10th, 2010 at 1:23 am
[...] Kathy Lien provides a long term forecast of USD/CAD after parity. Here’s a follow up that I wrote about it on Currensee’s blog. [...]