Very good approach b0lsc0tt! Thanks.
This is an important matter since I am involving with Forex CAD / USD.
I understand that the market is unpredictable. But wonder if there is any worth information can be found in the internet. I think there should be some good researches regarding this subject?
I like to know some more thoughts! With more thoughts, I will increase the points for this question as well!
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by: b0lsc0ttPosted on 2008-11-13 at 16:09:48ID: 22956310
CadGuy1,
That would be nice to know. :) With the way the US and global economies are right now I wouldn't stake my life (or anything very valuable) on ANY prediction.
The futures market will be a place I would look but, if I remember right, futures on exchange rates can be one the more volatile and unpredictable markets. With so many factors it is just hard to predict reliably, especially 1 year in advance.
Those are my thoughts but this definitely isn't my main field. Let me know if you have any questions or how this helps.
b0lsc0tt