Top

Canadian Dollar Forecast Bullish on Extreme Forex Sentiment

May 1, 2009

Forex News: Canadian Dollar Forecast Bullish on Extreme Forex Sentiment (Daily FX via Yahoo! Finance)

EURUSD - Euro Forecast Bullish Against US Dollar USDJPY - Japanese Yen Outlook Shifts on Major Price Moves GBPUSD - Forex Trading Systems Indecisive on British Pound USDCHF - Swiss Franc Expected to Rally Versus US Dollar USDCAD - Canadian Dollar Forecast Bullish Against US Dollar

Go to Source

It’s interesting to see that the Canadian dollar is doing well in the current environment considering the central bank of Canada just cut the key target interest rate to 0.25% this week.  Even though this matches the USD, I’m surprised to see the CAD not experience a huge selloff like in years past.

VN:F [1.0.9_379]
Rating: 0.0/10 (0 votes cast)

Comments

Leave a Reply

Bottom