Quote:
Originally Posted by King Pips
The USD/CAD is fore casted to stay the same which it will, so it has priced the buy on the currency already and it can continue over night.
When interest rates go up its good for the country, keeps inflation controlled.
When rates go lower inflation can get out of control, not good for the country. So in case if it stays the same USD will be stronger and CAD will be weaker, thus we still have a buy. I am in this trade.
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Made 90 pips on USD/CAD Buy trade.