Trade USD and CAD

kang_wang · 发表于 2011-1-9 01:24 PM

Hi guys, how can I trade USD and CAD if I bet USD will rise against CAD? Is there any related stock or I have to trade currencies?

Diver · 发表于 2011-1-9 01:53 PM

FXC.

But be careful: CAD is the strongest currency among 6 major ones now, even stronger than USD. Why do you want to bet USD will rise against CAD?

kang_wang · 发表于 2011-1-9 02:09 PM

Thanks! I just don't think CAD will appreciate against USD much more. I guess FXC is long CAD?

超级潜水员 · 发表于 2011-1-9 09:23 PM

Jan 18 is the BoC interest day, once the decision is to raise the rate, you gonna see the CAD move to the moon. Honest, the only thing hold the BoC back is the exchange rate. Otherwise you should see more interest increase already.

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