We will be at par and beyond, before the end of the year, IMHO. Not good for Cdn. exporters...ILOVETHIS said:Do you think its a good time to sell my US dollars now? I have approximately 13Gs. Do you think the canadian dollar will hit par with the US dollar again?
Just look at this chart of the US dollar index future for June. Right now it looks pretty terrible. I don't see any sign of a bottom or consolidation. As a matter of fact, I think the decline is going to accelerate over time and that the Canuck buck will soon be at parity. Watch the oil price as well. Usually the CAN$ and oil move together.ILOVETHIS said:Do you think its a good time to sell my US dollars now? I have approximately 13Gs. Do you think the canadian dollar will hit par with the US dollar again?