Moody’s says Canada’s top rating could survive a drop in domestic housing prices and a severe slowdown in the Chinese economy.
3 Responses to “Canada AAA-rating nearly unbreakable”
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AUTOREFRESH 
Got to love our nation, eh?
So yesterday I saw that AUD/CAD closed with a pin bar on the daily. Took a long (counter-trend trade) at 1.0375. Just closed out at 1.0445 (where a downtrend line comes from Feb. 29th). I just now took a short (trend) there as well. This pair has a nice downtrend channel going on. I think it’s a good opportunity.
Me and Jamie both like that trade, Ryan.
Moody’s first was going to give Canada the eh?eh?eh? rating, but couldn’t stop laughing at the press release. Canada is rock solid. I am glad I still have my passport.