USD/CDN? ummm..wohh

M

MasterRaistlin

Hey guys,

I'm wondering if you fine gentlemen (and ladies perhaps ) could give me insight into the current move of this pair.

What's caused it to scream up so fast and is it likely to stay here?

Just about seems like a big correction could be in play.
 
Quote from AMT4SWA:

Oil economy with oil breaking to new lows has a lot to do with the move imo recently.
More...

agreed

plus interest rates have dropped 75 points and this is the price
level that producers want the C$ at, tho the speed and amount
of the move surprised me
 
Quote from Wallace:

agreed

plus interest rates have dropped 75 points and this is the price
level that producers want the C$ at, tho the speed and amount
of the move surprised me
More...

I woke up this morning to a whopper of a move. I had to blink twice, it's been trading bte 1.14 to1.19 just last week. and then wwwwwwhoaaaaaa
 
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