Jump to content
  • 0


Ali Farhad


1 answer to this question

Recommended Posts

  • 0

Hi Ali

I think it all depends on OPEC in this situation due to the current oil issues and the Canadian dollars correlation with oil prices. However, we have seen some risk on this week in markets but I wouldn't want to hold a long CAD position without having a view on how the oil situation may end up.

if you haven't got that then I would suggest looking into it and deciding on a bias before entering long. 

I am neutral on the pair at the moment due to the current situation, but I do have a bias towards more risk weighted currencies this week, so I hope that helps.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. To reply to this question, sign in or create a new account.

Reply to this question

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...