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TradersCom.
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- 28 Jul '17 at 2:13 pm #10667
TradersCom
Keymaster[article]80[/article]
28 Jul '17 at 8:22 pm #10668ThePitBoss
ParticipantThe IMF is usually behind the curve – here it seems though it is just catching up given how overvalued it has been. Much to do with safe haven with Brexit and the EU crisis’s.
The stand out is just how much Germany benefits from a weak currency – could you image where the DM would be fairly priced?
28 Jul '17 at 8:33 pm #10670CautiousInvestor
KeymasterFED chiefs all around the world are working to keep the delicate balancing act still working
28 Jul '17 at 9:38 pm #10675Assistanc3
Participantabsolutely ridiculous, but its the IMF so no surprise for stupid statements
so CAD and AUD are to weak?
28 Jul '17 at 10:19 pm #10678TradersCom
KeymasterThey are talking as a basket on trade weighted basis and against majors. Australia and Canada different beasts as commodity currencies and in a low growth environment – will go back and read full report and see if they crack a mention.
28 Jul '17 at 10:32 pm #10679CautiousInvestor
Keymaster[b][size=5][color=green]While the DOLLAR may or may not be overvalued by 10-20%
the STOCK market definitely is 😉 :)[/color][/size][/b]
28 Jul '17 at 11:46 pm #10682Helmholtz Watson
ParticipantWith the IMF the usual ineptitude was on show again. I gave up several times trying to reason with it.
28 Jul '17 at 11:54 pm #10683Assistanc3
Participantthe entire reason of the Euro was for Germany to debase its currency, the Deutsche Mark
28 Jul '17 at 11:56 pm #10684Assistanc3
Participant[quote=”TradersCom” post=401]They are talking as a basket on trade weighted basis and against majors. Australia and Canada different beasts as commodity currencies and in a low growth environment – will go back and read full report and see if they crack a mention.[/quote]
low growth environment?The IMF now expects Canada’s gross domestic product to grow 2.5 per cent this year, leading G7 growth, according to its latest World Economic Outlook. That’s up from the prior forecast of 1.9 per cent released in April.
IMF predicts Canada will pass the U.S. to top G7 growth this year
29 Jul '17 at 12:13 am #10688TradersCom
Keymaster[quote=”Assistanc3″ post=407][quote=”TradersCom” post=401]They are talking as a basket on trade weighted basis and against majors. Australia and Canada different beasts as commodity currencies and in a low growth environment – will go back and read full report and see if they crack a mention.[/quote]
low growth environment?The IMF now expects Canada’s gross domestic product to grow 2.5 per cent this year, leading G7 growth, according to its latest World Economic Outlook. That’s up from the prior forecast of 1.9 per cent released in April.
IMF predicts Canada will pass the U.S. to top G7 growth this year[/quote]
Indeed good to Canada’s growth is kicking on but am talking about world growth with all the trillion’s printed the US and European growth has never taken off with that about of pump priming should it not be over 4% minimum?
Canada’s stronger growth would support it’s currency or will that be under siege with a higher Loonie and raised rates?
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