Timber!

I’m holding to my opinion that CADUSD will see 0.65 before 1.00, and here’s a little confirmation bias.

I’m Yelling Timber! CAD’s Going Down!

In addition to the collapse of the housing bubble, commodity prices, especially energy, are going to take a hit. And that could be right now – it looks like the oil longs – the hedgies – are already getting nervous about OPEC’s ability and/or willingness to sacrifice their cash flows in order to bolster the oil price.

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