This is it gentlemen! Batten down the hatches!! Big moves ahead

Quote from bhardy307:

Instability cause panic. Panic causes a rush back to the US dollar.

If there is to be instability, Short CAD and Long USD!
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Your post makes zero sense. $US is up today against $EUR but it is down versus $CDN. Canada has a huge benefit from resource stocks, some of which go up in times of crisis. In fact, the only potential negative for $CDN is its own government jacking up interest rates when they perceive the $CDN is too high. Hard for them to do this now though when we had a surprise trade surplus despite the high $CDN.

So many better plays if you truly believe in the $US. I'm not sure how you factor in money printing though which directly weakens $US at the source. I guess the idea might be the $US got so low the printing is factored in and it might be cheap now. I don't follow it enough to know if this is a credible idea.
 
Quote from Nine_Ender:

Your post makes zero sense. $US is up today against most currencies but it is down versus $CDN. Canada has a huge benefit from resource stocks, some of which go up in times of crisis. In fact, the only potential negative for $CDN is its own government jacking up interest rates when they perceive the $CDN is too high. Hard for them to do this though when we had a surprise trade surplus despite the high $CDN.

So if your premise is long $US ( which I'm not sold on given US money printing ), short $CDN is a terrible pair. Your pair lost money today on a rising $US.
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Go look at what happened during the banking crisis. Keep in mind that the US markets are closed today. Also, the Middle East crisis isn't large enough yet to cause a real panic and a rush back to the US dollar.

I was assuming that OP feared a major crisis, not a little thunder storm in the Middle East.
 
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