[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 62 KB, 600x900, 1444360104321.jpg [View same] [iqdb] [saucenao] [google]
939461 No.939461 [Reply] [Original]

Anyone following the USD/CAD pair right now and willing to share some insights.

I purchased 10k worth of USD a few months back anticipating a decrease in the CAD, and so far have realize some nice gains, but not quite sure where the pair is headed. I guess everything will hinge on US Fed rate announcement tomorrow.

>> No.939490

>>939461
where did you get this photo from ???

>> No.939795

>>939461
>decrese in cad

it's actaully an increase in the usd
if you think the cad is making you money, get out of the forex, you have no idea what you're doing

>> No.940809

>>939461
I don't think the fed will increase interest until next year. It doesn't make sense to do it during the holiday season when consumer spending is at it's peak. So hang on to that monies

>> No.940811

janet yellen's nephew reporting in

no rate increase tomorrow

>> No.940818

I got a medium-sized profit by shorting the euro-dollar yesterday
But in the short position of Dow futures it was big loss

>> No.941298 [DELETED] 

Bro don't sell USD/CAD.

Canadian economy (recession) nd falling energy prices are two great reasons to be bearish on CAD.