Forex

By boz On 2008年2月3日星期日 At 14:25

Forex Trading Strategy: Commodity Currencies


Commodity currencies, including the Canadian dollar, expected to gain>Forex trading strategy should consider commodity currencies today. Even though the Canadian dollar was down at the end of last session, it is up again as global stocks gain and economic growth become important. Bloomberg reports on commodity currencies on the FX market:

> “It’s a story of commodity currencies outperforming today,'’ said Camilla Sutton, co-head of currency strategy at Scotia Capital Inc. in Toronto.
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