Comments on: Canadian Dollar Headed for Parity http://www.forexblog.org/2010/01/canadian-dollar-headed-for-parity.html Learn about the world of Forex Thu, 01 Dec 2011 12:35:31 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Adam Kritzer http://www.forexblog.org/2010/01/canadian-dollar-headed-for-parity.html#comment-5093 Adam Kritzer Sat, 30 Jan 2010 03:31:50 +0000 http://www.forexblog.org/?p=2382#comment-5093 Anne, I can't give you specific advice about the NZD/CAD as I don't follow this particular cross. They are both commodity currencies, so one would expect them to trade close to each other over time. Still, there are plenty of smaller trends (i.e. oil versus commodities, and interest rate differentials ) which could create some opportunities for profit over a shorter time horizon (3-6 months). As for the spread, 2.5 pips strikes me as pretty low spread, so from a cost standpoint, you're in pretty good shape. adam Anne,

I can’t give you specific advice about the NZD/CAD as I don’t follow this particular cross. They are both commodity currencies, so one would expect them to trade close to each other over time. Still, there are plenty of smaller trends (i.e. oil versus commodities, and interest rate differentials ) which could create some opportunities for profit over a shorter time horizon (3-6 months).

As for the spread, 2.5 pips strikes me as pretty low spread, so from a cost standpoint, you’re in pretty good shape.

adam

]]> By: anne-tips http://www.forexblog.org/2010/01/canadian-dollar-headed-for-parity.html#comment-5010 anne-tips Wed, 20 Jan 2010 14:01:33 +0000 http://www.forexblog.org/?p=2382#comment-5010 Amazing blog, your articles are all very complete and informative. I have a question, my broker added new currency pairs, included nzd/cad. Can you give any advice on this pair? Is it worth trading? The spread is very low, only 2.5 that is also why I wanted to try it… Im not much experienced in forex so I would appreciate your help! Amazing blog, your articles are all very complete and informative.
I have a question, my broker added new currency pairs, included nzd/cad. Can you give any advice on this pair? Is it worth trading? The spread is very low, only 2.5 that is also why I wanted to try it…
Im not much experienced in forex so I would appreciate your help!

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