Watching and trading my first 18 % US Currency surplus. My opinion, watching and starting to sell 18% of my US dollar surplus these past 3-4 weeks our CAD “could” hit .60 $1.400 USD maybe $1.60 USD (economists verbalized it could happen if Nafta gets nixed and rates get pulled back in Canada. US is raising rates again soon.
which in turn can help LP’s that have business with US customers paying USD or even Euro. Our Canadian currency weaking could be a God send to MP.
Opinions?