so as of right now the Canadian dollar is higher than the US dollar..

yup 1.001

duno how long it will stay

Reuters is suggesting we're due for a major correction

Raising interest will further drive CAD up. The thing is US can't increase while Canada is in need of a raise. It's gonna stay up I predict.
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macro econ :(

wow dropped alot today

"economist" predict it'll go back up & stay @ par, but their guesses are just as good as urs or mine.

^ Paypal is worse if you withdraw your US money out and exchange it to CAD now.

paypal and ebay are the biggest effing thieves.. they charge you for everything...
screw them both...

but i use them regularly.. fml.

omg.. stop talking about it..

I think i failed the multiply choice section of my maco econ exam today.

As a buyer, they're great and convenient. As a seller, you get fees charged up the ass.

Canadian dollar is now plumetting.......... who got some US greenbacks when it was at par?

Why is the dollar falling? Any simple explanations?

^ CDN is not falling, it's just USD is stronger nowaday.

As stated before, US just rising because everyone is leaving EU market and going into the "safer" US market.

Greece, portugal, spain are basically fucking everyone in the EU and making investors uber nervous.

^lol uber nervous

i think too because it more of a technical market atm speculators are waiting to see if germany is going to follow through with thier payment proposal...if germany does i think it should start to firm up...in the mean time just sit back and be patient for better markets

weak, now we are further apart now once again

Gonna stay off eBay for awhile now.

damn I'm going to seattle for the weekend...

Yeah, I was planning on going south for the long weekend.

I went down last when the exchange rate was higher, so I have a bit of American money from that trip. Should have jumped on the greenbacks more when I had the chance.

Who knows? The downward trend may be short lived. Level out at 95 or so would be nice.

yeah its not that bad. I just hope it doesnt drop anymore

:lol

I'm glad someone picked up on my subtle hint at Germany.

Though I am certain they will bail them out. Germany has a lot invested into Greece. Well more like Greece invests a lot in Germany so it would be mutually beneficial.

Oh well... at least I got some benefit out of it.

Wanted to take more than three grand out of my PayPal, and just 2-3 days ago, their USD-CAD exchange rate was actually under par, at at like 0.99... but today, it's over 1.04... just withdrew my money right now... it's like more than $150 earned. Woohoo!

Canadian dollar has been above par twice in my lifetime.


Edit: My bad. I just researched it. God damn it. It's a common thing. Over par 10 times in the past three years. WTF?

Our dollar over the American dollar for 3 years and 4 months in the early 70's.