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Buxton ND | Is the Loonnie man so will leave that to him ! ! !
US DOLLAR hard move lower of whatever/whoever fed guys saying no interest rates hike this year. Kinda green on bonds and T-note markets but they have been saying lower interests all year loud clear,,, NO rate hikes. Some of the economy guys need to step in here. We have some catching up to do on exports, more so corn and this is GOOD NEWS longer term.
I may be a tad crazy here but the dollar falling to 90ish by springest looks good to me. This whole basically zero rates really has no history to pull off of old charts.
Spent the last 2.5 days at meetings,visited with alot of folks, farmer/market/banker folks. Seem everyone has alot of grains sitting in the bins where ever they are. Lots of Doom and Gloom except from the longer term weather men. It will take time changing things in commodity land and many will not be able to hold out (cash need OR emotion toll of marketing YOUR crop) 2016 may be just the year where Sat changes his ways IN TIME.
From the post below the all time move in the dollar in my memory was Dec 3rd 2015 of $3.00
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Canadian Dollar
