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U.S. Dollar - Updated Outlook

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U.S. Dollar - Updated Outlook

Post by GCAM on Fri Mar 19, 2010 6:48 pm

U.S. Dollar - Updated Outlook
by Chris Brueck, Gold Coast Asset Management Inc.
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The US Dollar continues to be the focus of speculators, as demand for it is still related to its status as a safe-haven currency.
Increasing demand could be seen in the near future if the European Union fails to develop a solid plan to aid Greece as
approximately 1-Billion Euro worth of debt will be maturing within the next two months. If the EU cannot develop a realistic
plan within the next week, Greece's Prime Minister has warned that he would consider alternative options, such as an
IMF loan. In any case, the US Dollar still seems poised for further demand in the near-term.

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Re: U.S. Dollar - Updated Outlook

Post by olixlite on Thu Jul 31, 2014 10:59 pm

The CAD USD exchange rate largely held declines over the weekend. In the opinion of strategist David Doyle; ‘The economic numbers are likely to continue to be a drag on the Canadian Dollar. We’re seeing quite a bit of momentum in the US labour market.’ - See more at: [You must be registered and logged in to see this link.]

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