Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
spread ur oxford jam and faint to decode like in the broker book.
leave this rabbit. when i was in kuala lumpur in 2001 jim rogers responded me after an email: "or you are stupid or you are rich".
BEHIND THESE NUMBERS, the +69K jump in Canada jobs, FULL TIME jobs slowed to +31K from +44K & PART TIME soared to +38K from -14K.The question then becomes AGAINST WHICH currency will traders want to buy the loonie? EURCAD and GBPCAD are possibilities for the shorts. Going long CADJPY could be considered due to the rally in bond yields (usually yen-negative) and could be especially boosted if the US jobs figures are strong enough to boost risk appetite and equity indices. So watch equity futures and US 10 yr yields and whether it sustains the jump above 3.55%.
Ashraf
kaiser sauce is ready. 4 euros