Friday, September 14, 2007

Forex strategy : CAD is way overextended



Good morning from Montevideo, CAD performance, especially against the dollar block his peers, has been impressive in recent months. However, I am very skeptical that Canada can avoid the increasingly complex risk dollars. Macro risks growing concern politicians and evaluation indicators suggest that one of the most expensive currency in the G10. In particular, many short - and medium-IMM positioning indicators, the growth index surprise and MA-index pressure to offer CAD