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USDCAD
Sep 12, 2012 at 06:05
677 Views
3 Replies
forex_trader_75987
Member Since May 02, 2012
113 posts
Sep 12, 2012 at 06:05
Hello friends .
I have one doubt: If QE3 is being applied the USD will be DOWN or UP ?
in this case. USDCAD = Up trend till 0.99 ?
If not applied maybe the USD could go down upto 0.94..?
Teach me. Thanks
I have one doubt: If QE3 is being applied the USD will be DOWN or UP ?
in this case. USDCAD = Up trend till 0.99 ?
If not applied maybe the USD could go down upto 0.94..?
Teach me. Thanks
Member Since Jan 14, 2010
541 posts
Sep 12, 2012 at 18:41
Igor123472 posted:
Hello friends .
I have one doubt: If QE3 is being applied the USD will be DOWN or UP ?
in this case. USDCAD = Up trend till 0.99 ?
If not applied maybe the USD could go down upto 0.94..?
Teach me. Thanks
This is one of the fed's ways to stimulate the economy. It should be good for the USD so USDCAD should strengthen once QE3 is applied. Not sure though how strongly it would affect the USD - you will most likely see the effect in a few months time.
forex_trader_75987
Member Since May 02, 2012
113 posts
Sep 12, 2012 at 19:24
Thanks James!
Very good your explanation!
Att,Igor
Very good your explanation!
Att,Igor
forex_trader_741718
Member Since Jun 26, 2019
6 posts
Jul 05, 2019 at 06:47
USDCAD H1
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