JP Morgan Sees CAD Weakness in 2007
Peter
Thank you for being the best mentor on the internet. If I had trusted you from day one, I most likely would have the $200,000 I lost with other brokers back by now. But once you get burned for that kind of scratch, you learn not to trust people in this business. Thanks to you and Seth’s PM Preview, I am starting to get some back and learning to trust again. I have included some bad CAD new for all those naysayers.
“JP Morgan continues to expect USD/CAD to rise further than consensus in 2007 as oil stabilizes and Canada’s balance of payments deteriorates.” JP Morgan is forecasting USD at C$1.1600 in December 2006, C$1.1400 in June 2007 and C$1.1800 in December 2007.
Thank you.
Constantine
Thank you for being the best mentor on the internet. If I had trusted you from day one, I most likely would have the $200,000 I lost with other brokers back by now. But once you get burned for that kind of scratch, you learn not to trust people in this business. Thanks to you and Seth’s PM Preview, I am starting to get some back and learning to trust again. I have included some bad CAD new for all those naysayers.
“JP Morgan continues to expect USD/CAD to rise further than consensus in 2007 as oil stabilizes and Canada’s balance of payments deteriorates.” JP Morgan is forecasting USD at C$1.1600 in December 2006, C$1.1400 in June 2007 and C$1.1800 in December 2007.
Thank you.
Constantine
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