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Oh please, this is just ridiculous.

The CAD has a positive 96% daily close correlation to the Euro, and a negative 98% daily close correlation to USD. I think that you should look at the Euro currency for queues on CAD behavior.

The CAD is at present highly correlated to Copper and the US equity markets. (>95% Daily Close) From about 2008-2015 the CAD was highly correlated to the WTI Crude Oil contract - less so now, as the positive correlation is about 85%.

The DX has come off pretty hard since April. The DX is off about 7% from 2019 levels. The Euro has gained about 10% against the US Dollar in 2020.

Yep. German manufacturing and German exports and the Bundesbank dominate European Banking policy.

“This [focus on the euro] is more true than it’s ever been,” said Seema Shah, chief strategist at Principal Global Investors . “Interest rates are so low that any further cut is not going to have much of an impact and runs the risk of making things worse. So why bother? Simply to target the euro.”

"Europe has been here before. The euro was worth $1.49 in 2011, when strong growth prompted the European Central Bank to raise interest rates." "Philip Lane, the European Central Bank’s chief economist, created a furor last week, and caused the euro to weaken, when he said at an online forum...

Very common knowledge in international banking circles. https://www.wsj.com/articles/why-rate-cuts-in-europe-could-do-more-harm-than-good-11568275576 https://www.ft.com/content/9b2c29c0-d53d-11e9-a0bd-ab8ec6435630

What I'm driving at is that Draghi intentionally took EU rates negative with the intent of devaluing the Euro against the Dollar. And now the ECB is cornered - they go lower and Banks start to fail.

After looking at 6E and DX a few minutes ago - I would say that time is now at hand. And the problem with going negative 2% as a strategy to weaken the Euro is that they've effectively run out of room.

I mean this in all sincerity: if you are hell bent on short term trading, best learn to code - because that's what you're up against. And you will require a very high performance ECN and execution platform...

You're about six months late to the party. Might as well stick around to see if the Dollar tests late '17/early'18 lows. That level acted as pretty strong support back then. The real question is if the ECB has any more room for an interest rate cut. I don't know if European consumer and...

This thread has certainly aged well with the current Chinese debt default crisis for State Owned Enterprises.

Yeah, anything that gives the OP the downside gamma exposure he desires is going to be expensive. Perhaps one calculation the OP should consider would be to lighten up now and sell out the balance after an X% downside move. Weighed against the Y% cost of his current portfolio value for the...

I just adore these wokeness identity competitions, carried out under the feel-good banners of inclusion and diversity. It's important that the privileged white elites feel good about how they made their millions and billions. It will be impossible for Joe Biden to unify his own political...

Well I suppose if the flagship Companies in your Exchange hail from Silicon Valley - identity politics was eventually going to seep up from the primordial ooze. Because white people need moral purification. And righteous white people know best how to construct social purity tests. Of course...

Hopefully Destriero can chime in for you. :thumbsup: I would imagine that most of the options (Ha!) that members are going to recommend are going to be rather expensive.

I'm not making any value statements or judgements. But with such a long history of rugged individuals living in great expanses of wilderness of course there is a gun culture in rural Canada.

Coronavirus: Firearms and ammo sales spike across Canada amid COVID-19, gun law fears https://globalnews.ca/news/6706985/coronavirus-firearms-and-ammo-sales-spike-across-canada-amid-covid-19-gun-law-fears/ https://www.rcinet.ca/en/2020/04/13/covid-gun-sales-increase-canada-crime-doesnt141030/...

You post a link without reading and understanding it. Wisconsin very actively surveys and manages it's native wildlife populations. https://dnr.wisconsin.gov/topic/WildlifeHabitat/deermanagement.html