Comments on: Canadian Dollar Outlook – June 29 – July 3 2009 http://www.forexcrunch.com/canadian-dollar-outlook-june-29-july-3-2009/ Forex Trading with a Personal Touch Mon, 13 Feb 2012 03:45:15 +0000 hourly 1 http://wordpress.org/?v= By: British Pound Outlook - June 29 - July 3 2009 | Forex Crunch http://www.forexcrunch.com/canadian-dollar-outlook-june-29-july-3-2009/comment-page-1/#comment-9133 British Pound Outlook - June 29 - July 3 2009 | Forex Crunch Fri, 14 Aug 2009 11:12:22 +0000 http://www.forexcrunch.com/?p=1370#comment-9133 [...] Canadian Dollar Outlook // Enjoyed the post? You may want to subscribe to the RSS feed. Tags: Current Account,GBP/USD,Manufacturing PMI,Nationwide HPI,Non-farm payrolls,PMI,resistance line,support line,Technical Analysis [...] [...] Canadian Dollar Outlook // Enjoyed the post? You may want to subscribe to the RSS feed. Tags: Current Account,GBP/USD,Manufacturing PMI,Nationwide HPI,Non-farm payrolls,PMI,resistance line,support line,Technical Analysis [...]

]]> By: Antony Francis http://www.forexcrunch.com/canadian-dollar-outlook-june-29-july-3-2009/comment-page-1/#comment-6805 Antony Francis Sun, 28 Jun 2009 12:20:10 +0000 http://www.forexcrunch.com/?p=1370#comment-6805 i have been following up the CAD movements. True CAD is commodity specially Crude supported Currency. when crude picks up CAD goes with it. but what is my worry is that this behaviour is harming the main economy.i donot find any action from the governor. i see in reports that you are more proud of your banking system than managing it to the advantages of the economybetter. rising crude on the weakness of USD will pull along Loonie high to the damaging effect of the strong manufactureing base of Canada. the manufactureing & export industry employing the larger base of canadians will suffer in the long run and the competitive edge in the world market. already country is facing the rising unemployment and that going to take a long time to make a comeback if the loonie is not brought down by togling with the interest rates. my personal assessment is that if the crude is rising above $50 mark the world economy will take long time to recover or to make a come back. the current rate of $70 mark will play up and down movements often without getting a steady growth pattern. i wish the central bank of canada govenor replying me back on this. may be he can add or correct me if he wish. i wish the best for Canada. antony francis antony.francis@hotmail.com i have been following up the CAD movements. True CAD is commodity specially Crude supported Currency. when crude picks up CAD goes with it. but what is my worry is that this behaviour is harming the main economy.i donot find any action from the governor. i see in reports that you are more proud of your banking system than managing it to the advantages of the economybetter. rising crude on the weakness of USD will pull along Loonie high to the damaging effect of the strong manufactureing base of Canada. the manufactureing & export industry employing the larger base of canadians will suffer in the long run and the competitive edge in the world market. already country is facing the rising unemployment and that going to take a long time to make a comeback if the loonie is not brought down by togling with the interest rates. my personal assessment is that if the crude is rising above $50 mark the world economy will take long time to recover or to make a come back. the current rate of $70 mark will play up and down movements often without getting a steady growth pattern.

i wish the central bank of canada govenor replying me back on this. may be he can add or correct me if he wish.

i wish the best for Canada.

antony francis

antony.francis@hotmail.com

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