toban
Canada
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Joined: 10/31/2003
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The word is the Canadian dollar at year end could be around .90 to the U.S. dollar. If it's close to par, one would be better to buy the dollars now if you plan on going away this winter.
Just a thought.
Toban
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grampachet
West Coast
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Joined: 12/14/2006
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And like "Deal or no deal" you could lose it all, or spin the wheel and end up with 1/2.
But you do have a good thought, wish it was a guarantee.
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moparmaga2
Lubbock, Tx
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Pretty soon both the US and Canadian dollar are going to be down on the level with the Mexican Peso.
This is the lawmakers' plan to stop immigration. 
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Gale Hawkins
Murray, KY
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NAFTA is working well. Everyone moves down to level the playing field.
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BillB800si
S.E. MICHIGAN
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Gale Hawkins wrote:NAFTA is working well. Everyone moves down to level the playing field.
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Moving down?? You must be referring to the middle class. The rich, it seems like, we are stuck with forever...
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GeeksRUs
Sundre Alberta
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toban wrote:The word is the Canadian dollar at year end could be around .90 to the U.S. dollar. If it's close to par, one would be better to buy the dollars now if you plan on going away this winter.
Just a thought.
Toban
'The word'... says who? Last August/September, when the Loonie was at/near par, the 'experts' were predicting that we would see a drop to 85/90 cents in early 2008. Once again 'the word' was wrong.
If those that spread 'the word' were ballplayers their batting averages would have them playing class A. I suspect that these are the same people who forecast longer term weather.
EH!
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bjbear
Cold Lake, AB, Can
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I follow the exchange rate using Scotia Bank's forecast at (Click Here) which I have found to be fairly accurate.
It shows that the exchange rate will be around $1.04 which means that for small amounts under $1000.00 we can expect to pay $1.06 Canadian for every US$. That is about .03 to .04 cents more than right now....probably a small advantage when you compare exchanging money now to keeping the money in the bank earning interest (less taxes).
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D&E Johnson
Ontario Canada/Brenda Arizona
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just went to bank this past week, had 1000.00CD, bought US dollars, rate 1.02.thru the Royal Bank, I lost 25.00 approx on buying the US dollars..oh well, thats life! putting it away for this winter. Dona
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BruceStarkey
Ontario, Canada
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Dona and Elvin: Like yourselves, we will visit the banks a number of times throughout the summer to purchase US dollars. Regardless of the exchange we like to know we've already got it set aside for the run south.
Today is just the tomorrow you worried about yesterday!
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jmcnab
Toronto Ontario Canada
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Funny everyone talks about the Canadian dollar moving up and down and where it will be against the US dollar. It's the US dollar that's moving - downwards mostly - when measureed against most world currencies. There are many currencies that are "up" when compared to US dollars.
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