Quote:
Originally Posted by TurnedTheCorner
True - but there's a lot of very smart, very skilled people who get paid a lot of money to try and model FX markets. It's not exactly the easiest thing in the world to forecast. That was more my point.
|
They are trying to precisely model unpredictable exchange fluctuations on a daily or weekly basis though, making a long term unprecise prediction that the loonie will continue to rise against a US doller that is being held up by not much more than its reserve status right now is not that tough.