Usd/cad

You have to say:

1. Massive dollar weakness today
2. Multi hear highs on gold

Yet USD/CAD, despite 14 year lows, just creeps lower.

At somepoint it will bounce to the 1.15 handle again.
 
Quote from OfmY:

I don't worry 'cause I'm not playing it.
There are better candidates for playing with... :)


I've just took a look at monthly chart and wondering what makes the CAD change its trend in November, 1991? :confused:

OfmY, where you finding data pre 1991? Just curious.
 
A friend of mine heard me talking about CAD/US bull mkt and asked me how US Citizens could buy Canadian 1 yr (or 6 month Tbills to park cash rather than in a US money market).

What is the best way for his retired parents to buy Canadian Tees with reasonable slippage? (or something really similar to TBills risk wise)

I had no idea about that one...

Tnx!
 
Call any Canadian bank in NY

TD
Royal bank of Canada/RBC
CIBC
Scotiabank
BMO/Harris

IMHO its too late u have missed the boat....Wait for
a pull back first.




Quote from bcavender:

A friend of mine heard me talking about CAD/US bull mkt and asked me how US Citizens could buy Canadian 1 yr (or 6 month Tbills to park cash rather than in a US money market).

What is the best way for his retired parents to buy Canadian Tees with reasonable slippage? (or something really similar to TBills risk wise)

I had no idea about that one...

Tnx!
 
Canadian had no business at 1.1191 in 1991, our central
bank was fighting imaginary inflation by raising interest rates,
which cause the c buck to surge. When the economy went south
so did our loonie....We spent the next 5 years repairing
the damage done to our economy by our stupid central banker.
That is why went to 1.6.

Quote from OfmY:

I don't worry 'cause I'm not playing it.
There are better candidates for playing with... :)


I've just took a look at monthly chart and wondering what makes the CAD change its trend in November, 1991? :confused:
 
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