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Currency Traders are Convinced...

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    ... the Canadian dollar should be trading at par with the US dollar. We're not sure exactly how traders became convinced, but this explains why we've seen a departure between the Canadian dollar's correlation with commodities and commodity currencies. At one point we'd have expected the Loonie to surge to...

    complete article here...

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