Personal Finance

canadian GDP -0.5 vs expected -0.3

  • Last Updated:
  • Aug 1st, 2009 1:26 am
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[OP]
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Apr 4, 2008
336 posts
42 upvotes

canadian GDP -0.5 vs expected -0.3

time to short the cad its been fun while it lasted im short at 1.0825

although im wrong sometimes.
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Deal Addict
Feb 9, 2005
4167 posts
14 upvotes
jazzzjackrabbit wrote:
Jul 31st, 2009 8:50 am
time to short the cad its been fun while it lasted im short at 1.0825

although im wrong sometimes.
If you're going to short the CAD, you really should base your decision off of some some more recent events than what happened to Canada's GDP 2+ months ago. I'm pretty sure the currency markets are forward looking.

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