Canadian Dollar On The Rise

[tgropp]

I may have to put our meal plan, car rental and some hotel rooms on my cc for our Christmas trip.....just for the rewards. I had sold a small DVC contract in the summer and the american $$ has been sitting in an account....but if it is $1.01-$1.02, I will definetly put it on my cc since it will be at par then.

 

[bdoyledimou]

With the US Federal reserve printing up to $600 Billion of "new money" the US dollar is going to continue to lose strength in the global market.

Make no mistakes here, it is not the Canadian $ getting stronger, it is the US$ weakening, on purpose, as a stimulation method that doesn't work.

It will be good for us Canadians short term, but in the long run... it's going to hurt us too.

 

[DbleTheFun]

WOOT WOOT! Above par today!!!

 

[Fellowship9798]

WOOT WOOT! Above par today!!!

Yup. Made a cruise payment today. It's a couple of months until it was due, but there's just something about making a payment when the dollar is at par that feels much better.

 

[jerlove]

Here is what MSN is showing as of right now.




S&P/TSX 12,912.82 - 3.81 (-0.03%)
Dow Jones 11,343.68 - 3.07 (-0.03%)
CAD/USD 1.00 + 0.0075 (+0.76%)

Bang on Par exactly $1 USD = to $1 CDN

 

[2busy4life]

$$ is down again today ...maybe I jinxed us all

 

[Tower]

$$ is down again today ...maybe I jinxed us all

Your jinx did not last long. 99.95 right now!

 

[2busy4life]

Changing some $$ tomorrow at the currency exchange!!! 14 days to go!!!!

 

[yxe dad]

Paid off our package late last night while the dollar was so good. On $5000 every little change helps or hurts.

 

[Ted in Halifax]

Did the same thing ... paid off everything yesterday!