Quote:
Originally Posted by Enoch Root
As a former FX trader all I can say is lol at the currency predictions (no one knows where it will be in a year - no one)
|
Indeed. The current futures curve has the Canadian dollar at approximately $0.93 in a year from now.
http://data.tradingcharts.com/futures/quotes/CD.html
If anyone really had hard data that it would be <$0.90 in a year, they would be trading in currency futures and making millions/billions, not posting about it on a message board, or even writing research reports for a large bank. Basically, published predictions like that are a guess, by someone who has enough degrees and experience to sound smart.