Athabasca Oil Corp T.ATH

USD INDEX

[Deutz9170]

USD cut through 1.00 dollar today. Will the plunge protection save it?  The dollar is falling after all these rate increases.

[Cobalt]

Falling as the Fed is almost done others still have more hikes too do. Only back to Apr 22 levels, could see another 12% easy even 20% and stay in a range. 12% drop should be 98 oil if all things are equal imo

[Maxmoe]

Strange coincidence? Our $C is neck and neck with price of WTI. $100 WTI means we get back to par? I remember par. Guys were Buying tractor trailer loads of used Harleys from Texas and Arizona. With a dollar at par and the used bike market at a 25% discount. Or more. Ditto for expensive parts. We also could buy usa stocks using par $ without so much as a burp in the stock price for the large caps.