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Wednesday, February 15th, 2012

Posts Tagged ‘ Forex Trading ’

Short The Canadian Dollar On Weak Commodities

Oct 31st, 2008 | By J. Christoph Amberger | Category: US Dollar & Forex Trading

Canada’s resource-rich economy is feeling the strain of tumbling commodity prices and falling demand in the US. And that’s bad news for the Canadian dollar. J. Christoph Amberger says the days of parity with the US dollar are long gone. He thinks it’s time to short the loonie.



We Could See Pound-Dollar Parity By Year End

Oct 28th, 2008 | By Frank Hemsley | Category: US Dollar & Forex Trading

With an estimated $4 trillion daily, forex trading dwarfs other markets in terms of volume. And stock market chaos is driving more investors to the currency markets. Frank Hemsley says forex trends are prone to overshoot. That means the British pound could fall much further against the US dollar in the coming months. It may be a bold call, but Frank says pound-dollar parity by the end of the year is a real possibility.