The dollar
- Thread starter Walter
- Start date
the canadian dollar may be doing ok, but most of this whole parity thing seems to be down to the fact that the US dollar is going the way of the rubel, the drachma and the albanian wooden dollar.
I'm not sure of the exact figures but the canadian dollar versus the euro probably isn't such an exciting story
I'm not sure of the exact figures but the canadian dollar versus the euro probably isn't such an exciting story
To think this is the government's doing and not the market is foolish. What's the price of a barrel of oil these days? If our central bank increases interest rates to keep inflation in check, any investors holding Canadian dollars get more money as I understand it, so investors are snatching up the loonie. I'm sure Toro will sort this all out, financial guru that he is
Hermann, we've also been gaining on the Euro I think, after record lows
Hermann, we've also been gaining on the Euro I think, after record lows
Last edited:
To think this is the government's doing and not the market is foolish. What's the price of a barrel of oil these days? If our central bank increases interest rates to keep inflation in check, any investors holding Canadian dollars get more money as I understand it, so investors are snatching up the loonie. I'm sure Toro will sort this all out, financial guru that he is
Hermann, we've also been gaining on the Euro I think, after record lows
Of course market forces have most to do with it, but Bush is intentionally keeping the dollar low.
Toro........coming soon.
He's the second comming of Jesus's retarded cousin.:-|
Harper is about as responsible for this dollar as Bob Rae was for the recesion when he was in.
It won't change much, bet here's a couple pf tips...
Carry US money... it's lighter...
Put some make up on the chicks you carry across the border... they'll look older and everyone will be happier...
Do business in Montreal... the political vacuum is total and nobody will be on your back.
We've got an oil dollar. The markets are in a bit of a mess at the moment but oil is still strong.