On Mar 25, 4:50 pm, Doobie Keebler <kooper...@[EMAIL PROTECTED]
> wrote:
> On Mar 25, 3:18 pm, "FrediFizzx" <fredifi...@[EMAIL PROTECTED]
> wrote:
>
> > LOL! Got a crystal ball?
>
> > Fred
>
> Fred, clearly, you are not a forex genie.
>
> FWIW, this request has to do with business forecasting, not forex
> trading.
>
> The forecast must necessarily have a USD-CAD xrate, so I've got to
> plug in SOME number and explain my assumptions.
>
> As of now I'm using the current xrate courtesy of xe.com.
>
> I'd like to forecast a forward rate with some confidence interval
> dimini****ng with time, which could be derived from futures contract
> pricing, or so you might think.
Use the number forecast by either the royal bank or bank of montreal
for
such forward looking projections. Be warned, they showed 07 at .92
& i beleive they has oil at 60.
If you are dealing with a lot of bux and want to ensure a rate of
exchange
or protection from mass deviations, forex commercial hedgers like
Friedberg Mercantile.
Be warned, hedging is expensive and 90% of the time currencies do not
fluctuate that much. Your danger is the USD stops being a currency of
exchange. Don't laugh that one off.
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