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Canadian Dollar trading above $1.09 in after hours trading...

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SidDithers Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-06-07 10:51 PM
Original message
Canadian Dollar trading above $1.09 in after hours trading...
http://www.fxstreet.com/rates-charts/currency-rates/symbol.aspx?id=USDCAD

Jeez, it was only this morning that I posted that the dollar was over $1.08.

Sid
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-06-07 10:55 PM
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1. Canadian bonds, anyone?
It was $1.07 on Friday.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-06-07 11:13 PM
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2. It's a cent higher every day, or so it seems.....
Pretty soon, the dollar will be worth less than a roll of Charmin
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SidDithers Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 12:34 AM
Response to Original message
3. Just hit $1.10 at 12:32 am ET
$1 USD = $0.9088 CDN

http://www.fxstreet.com/rates-charts/currency-rates/symbol.aspx?id=USDCAD

Sid
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Lisa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 05:27 PM
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4. close of trading -- bit of slippage
But the banks are forecasting that it could even reach $1.20. This is surreal, folks -- the economist I work with says that it's unprecedented (can't really compare conditions prior to 1950 because the policies are so different).

http://www.cbc.ca/money/story/2007/11/07/dollar-overseas.html
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