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USDCAD

forex_trader_75987
Uczestnik z May 02, 2012
113 postów
Sep 12, 2012 at 06:05
Uczestnik z May 02, 2012
113 postów
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
Uczestnik z Jan 14, 2010
541 postów
Sep 12, 2012 at 18:41
Uczestnik z Jan 14, 2010
541 postów
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
Uczestnik z May 02, 2012
113 postów
Sep 12, 2012 at 19:24
Uczestnik z May 02, 2012
113 postów
Thanks James!
Very good your explanation!
Att,Igor
Very good your explanation!
Att,Igor

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