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Why would it head up? You think the market is relieved that the US is going to lose Greenie? Uncertainty - both in the fact that no one still knows who, and once they know who they won't know what the "who" will do - is bad for markets. Unless the new guy is announced and then goes right...

In a vacuum (if you took out everything else in the world that would affect the USD) that statement would cause the further strengthening of the USD. The higher inflation, the higher rates go. The higher rates go, the higher the cost of lending is, and the more money to be made in holding USD...

I'm not in a bad mood. I was being sarcastic, because you felt it necessary to accuse me several times in the thread.

Yes. Stop hijacking my thread.

TP reached at .1720 80 pips, @400,000 Cheers, Ivan

Cheers, Chood - nice to have some intellect in an otherwise dull thread.

First of all, that's not my chart. I quoted another user - so check before you spout off, "uninformed guest". Second, Skaplz, I started this thread. It's about what I'd like it to be about. USD/CAD, and nothing I've said is off topic. It's not about CAD/JPY, and I have no positions open...

[/B] Don't think anyone can guarentee anything. But if you're right, you're right. If not, you're not. Time will tell. *shrug*

Wasn't a presumption. I don't have the time to search, but you yourself posted that you never lose, and you won't take a loss. This was, of course, back in the mumblings thread somewhere when you and Neil were arguing.

Heh, apex. So out of curiousity, that EUR trade you were stuck at that was around 1.20 last December when the EUR was 1.36 - where was your stop? 1.90?

I was in at that level too, skaplz. I remember telling you to go long, and I got stopped out. the problem is you don't use stops. *shrug* sorry man, it's still gonna come back. I made more on my long last week than I have ever lost in CAD - combined.

Essentially, yes. Canada's #1 trading partner is the US. As the econ conditions improve in the US, so they do in Canada as well.

Oh, one more thing. One of the major thinking driving the CAD (check the crosses soaring as well) is the prospect of rising rates. If the Loonie stays this strong for a bit, the BoC will consider pausing based on strong currency alone. And they actually don't have to pause, all the market has...

Overall, I agree with you. But these are numbers that haven't been seen since the first George Bush. Look at the 15 year chart, if you have one, or check out Oz forums - I think they have long term data. Normally I'm not bullish or bearish based on position alone, but this is too much to...

Dunno 'bout you folks, but I've gone long - heavy - at .1640 Stop is way down below .1505 Cheers, Ivan

*ahem* "Criticise," is how it's spelled in the Queen's English. Just like "analyse" or any other "ize" you want. You'd know that if you ever got out. Put that in your pipe and smoke it.

That's interesting, since nothing moved 50 pips since the last time you posted.

I have no comment on the "MCF". And as for spelling, when you can speak as many languages as I can, you earn the right to criticise. :)

Phen, don't even entertain this lunatic. His answers should be proof enough of madness.