Quote:
Originally Posted by herrvonsteiner
Canadian or ANY other fundamentals are non-events here. Why because a) EVERYBODY is informed and b) you should have noticed by now that fundamentals have no effect on day -to-day ups and downs and c) long term predictions are about as useful as trying to predict the weather in 6 months.
Of course at one point that USD/CAD will turn around. But did you not notice that noone here or elsewhere has a clue when. Most previous predictions have proven to be nonsense. And I maintain that it will stay that way. Play the curves and stop wasting your time with fundamentals
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That is a sincere advice, coming from a stranger, well said herr, the market is pushing oil, commodity currencies and do not care about anything at the moment, as the look two years from now looks .....greener....
Every market has to turn, but for now, the trend is your friend till it moves against you.....
