What's Happening to the CAD

[WoodPeckr]

I always check, http://xe.com to see the rates of the USD to CAD.
Over the last couple weeks we have been getting a better exchange on our USD. Not the 50-60% rates from a few years back, but I like this present trend......

Will it hopefully continue in this direction?

Today: 1 USD = 1.17669 CAD

 

[Gyaos]

With a Conservative minority and a fool for Prime Minister, oil crashing, the US Democrats in Power, a maniac for a US President, congressional hearings about Iraq, Big Oil and Big Dick Cheney, and items on the table to tax record profits on oil companies, yep....the CAD is tied somewhat to oil prices so if they fall, the CAD drops too. I see $1.27 CAD coming by year end, hopefully $1.30.

The Liberals will take over in the next election!! Then I can get laid!

Gyaos.

 

[CapitalGuy]

With a Conservative minority and a fool for Prime Minister, oil crashing, the US Democrats in Power, a maniac for a US President, congressional hearings about Iraq, Big Oil and Big Dick Cheney, and items on the table to tax record profits on oil companies, yep....the CAD is tied somewhat to oil prices so if they fall, the CAD drops too. I see $1.27 CAD coming by year end, hopefully $1.30.

The Liberals will take over in the next election!! Then I can get laid!

Gyaos.

Of course, the CAD was at its all time lowest for during the 13 year tenure of the Liberals, when we had real fools as PMs.

I'm guessing you also blame Harper when your toast is burnt in the morning, when you can't get a good parking spot at work, and when the elevator is slow. Lots of credibility, has you.

 

[Ranger68]

It's slumping oil prices. Nothing more, nothing less.

 

[danmand]

The $US is the worlds reserve currency. When it goes up, everything else falls, including oil, gold, Euros etc.

 

[Gyaos]

Gyaos, The US$ has been falling in value against every currency.

Not every currency. I do love my 118.52 US to the yen. however (soon going to 121.50). 0.34% Japan IR vs 5.25% US benchmark.

I liked Martin although not the best, but I think anyone is better than Harper and I don't expect him to last very long at all. Harper is bad for Vancouver and all of the Central and North East. Even anyone from BQ is better than Harper, at least Quebec can become autonomous and not autonomous at the same time. Now that that legislation is over, welcome back the Liberals who will become a majority next election.

Oil going down because Bush Jr. has no power to break laws and hurt the world.

The $US is the worlds reserve currency. When it goes up, everything else falls, including oil, gold, Euros etc.

You are certainly correct about the commodities. The Euro is a junk currency, ridiculously over valued. That won't last long, anymore. Ditto with the Pound when Gordon Brown takes over. Me thinks the only thing keeping the Pound strong is the 2006 movie "The Queen".

Gyaos Baltar.

 

[Gyaos]

Now explain to me why you think Harper is bad for vancouver etc....

Oh that's too easy. Vancouver-Kingsway's David Emerson. Have a Nice Day! YVR is mainly Liberal.

Gyaos Baltar.

 

[onthebottom]

Emerson was offered a position, he accepted it. How does that make Harper a bad man?

Christ, when Stronach crossed the floor do you think I cared?

Sorry thats the most useless argument I've heard. Come up with one that actually makes sense.

He doesn't do that - hey have you heard... Bush is being impeached....

LOL

OTB

 

[Ranger68]

"Support your country while its at war ..."
This equates to unequivocal support for the POTUS?!?!

I call ...
BULLSHIT!

Let's count the bullshit in that post:
if you want to impeach one guy, you've got to impeach them all;
the media is to blame;
the masses are idiots;
*I* support the Americans, while those who "rag" on Bush don't;
the more people complain about Bush, the longer the war goes (?! I don't even GET that one);
stop being so fucking negative;
if you don't support the POTUS, you're a communist, or a Jane Fonda-lover - well, anyway, you OBVIOUSLY want another Viet Nam.

Wow.
LOL
I think that's a record.

 

[ig-88]

I would add in a couple of additional factors:

1. It's winter time
2. New US and Canadian passport requirements

both causing less tourists to Canada, less demand for CAD

I noticed the CAD tends to go higher in the summer, during high tourist season.

 

[Ranger68]

I've been to Amsterdam, and the Anne Frank House, quite recently. There are lots of posters in Amsterdam condemning Bush, and rightly so. Too bad. It's not an official piece of the museum.

GMB is being singled out because ... well, he's not. People talk about impeaching presidents all the time. Hell, Clinton was CENSURED! But, I suspect Bush is being targetted by particular venom because he dragged the US into a bloody war and lied about why they were doing it. Sound reasonable?

Stop blaming the media. If parents don't raise their children right, it's their own fault. If the masses are idiots, are you not one of the masses? Most of the rest of that paragraph just seems a rail against society. "In my day, things were better!" This argument has been around since ancient Greece.

Please don't compare WWII with Iraq. Just don't. Nothing in either case is remotely similar.

You said things would end up like in Viet Nam if people stopped supporting the war, which makes about as much sense as anything you said. Namely, none. The communist comparison came about as a result of anti-war protesters during that war being branded as communists.

It is precisely in times like these that people should NOT blindly obey and follow their leaders. They should question them vigorously.

Read some books about the war in Iraq, and tell me how things are going. "The media chooses not to show it as it does not sell news." Please.

Next time think before you blindly obey.

 

[Malibook]

Currency traders are pricing in a higher probability that the BoC will lower rates sooner than previously expected and that the Fed will push out a cut further than expected.

After the huge run the Loonie has had, this correction is minor especially considering the sizeable drop in oil.

The Loonie could bottom out around $.81 US and then continue it's run up.

The support for the US$ is not done because it is a good investment nor is it done out of goodwill.
It is done to protect huge positions from losing even more massive amounts of value.
The fundamentals do not justify the currrent high value of the US$ but a run on the US$ would hurt everybody.

 

[MarkII]

Now lets roll back to the WW II era. The entire country was behind the war and it was over with quickly because everyone wanted it done and done quickly.

Sheik,

I agree with many of your thoughts in this post. But the WW2 was a different story. WW2 went from 1939 to 1945. I don't think that qualifies as over quickly. During that period 60 million people died. It remains the deadliest conflict in human history.

The US was the last of the 70 nations forming the Allied forces. Yet in their finite view the US was the saviour of WW2.

While the US was supplying Britain with arms through Canada for many years in the lend lease agreement they stayed out of the fray until the very end essentially.

Any US President is responsible for all actions of the country. That is the accepted code of ethics. To say that Carter or Esienhower are responsible in hindsight is truly bullshit. With the exception of Mr Bush and Mr Nixon I don't feel any President should be held accountable that many years after serving.

 

[Meister]

The $US is the worlds reserve currency. When it goes up, everything else falls, including oil, gold, Euros etc.

The US $ is going up? Have you checked the Euro lately? I wouldn't say that the US $ is going up against the CAD, rather the CAD is loosing ground because of weak oil and poor manufacturing data. As manufacturing gets worse the expectation is that interest rates in Canada are going to drop, hence the downward trend.

btw, the CAD has lost against the Euro also significantly.

 

[Gyaos]

Why is GWB being singled out?

Because he lied to exploit an ideology that killed 3005 America troops, 23,000 injured, 650,000 civilians killed, and numerous "coalition" troops. He does not uphold the Constitution, he refused oversight and his presentation as a moron, whether a brain disorder medical problem or as a fool actor is a front for the real people actually doing the damage.....a Pentagon war machine with large, money hungry corporate communists raping the world because they had 5 years to do it. They don't have an exit strategy for Iraq, but they do have an exit strategy for not being held accountable. And it will probably happen again 25 years from now too.

Bush Jr. and his Administration is being singled out. The anger is pushed onto Bush Jr. himself as a diversion. He's the "leader" who can't lead, so anger is pushed at him.

The media isn't the problem. The problem is the uneducated that watches it and come to conclusions like yours. Now that the Democrats are in power, Bush Jr. will be stopped and impeachment will come. In fact Bush Jr. is pushing to be impeached.

Emerson was offered a position, he accepted it. How does that make Harper a bad man? Sorry thats the most useless argument I've heard. Come up with one that actually makes sense.

Emerson switched parties. A flip-flopper. So how will you vote for that....For a Liberal that switches against the voters or for a Torie that shafts the people for power?

The Liberals will sweep the next election as a majority government while a conservative minority wastes the economy. Plenty of work in Yellowknife.

Gyaos Baltar (Vice President of Caprica)

 

[Gyaos]

Why is GWB being singled out?

Because he lied to exploit an ideology that killed 3005 America troops, 23,000 injured, 650,000 civilians killed, and numerous "coalition" troops. He does not uphold the Constitution, he refused oversight and his presentation as a moron, whether a brain disorder medical problem or as a fool actor is a front for the real people actually doing the damage.....a Pentagon war machine with large, money hungry corporate communists raping the world because they had 5 years to do it. They don't have an exit strategy for Iraq, but they do have an exit strategy for not being held accountable. And it will probably happen again 25 years from now too.

Bush Jr. and his Administration is being singled out. The anger is pushed onto Bush Jr. himself as a diversion. He's the "leader" who can't lead, so anger is pushed at him.

The media isn't the problem. The problem is the uneducated that watches it and come to conclusions similar to yours. Now that the Democrats are in power, Bush Jr. will be stopped and impeachment will come. In fact Bush Jr. is pushing to be impeached so he CAN resign.

Emerson was offered a position, he accepted it. How does that make Harper a bad man? Sorry thats the most useless argument I've heard. Come up with one that actually makes sense.

Emerson switched parties. A flip-flopper. So how will you vote for that....For a Liberal that switches against the voters or for a Torie that shafts the people for power? Harper isn't a bad man, he's just bad for Canada as a leader. The probability is high that Harbor's ideology and general cabinet can be similar to the disaster of Bush Jr.; Harper got in at a time when America was shafted with Republican majority domination, but he still couldn't even get a majority. Now that it is over, Harper has no negotiation experience for a strong (likely Liberal) Canada. Especially come 2008 when it's Hillary all the way. (Go ahead everyone laugh....it won't be Obama, McCain, Edwards, Romney (not even close with that loser), Kucinich, Guilliani, etc......it will be Hillary)

The Liberals will sweep the next election as a majority government while a conservative minority wastes the economy. Plenty of work in Yellowknife.

Gyaos Baltar (Vice President of Caprica)

 

[Cobster]

Then explain to me why GWB was elected for a 2nd term if this was the case.

If someone had started a job on your house and said he needed more time to work on it.
Would you hire someone else for the job?
Or let the guy who started it (try to), finish it?

I think this was their mindset, don't switch Presidents in the middle of this debacle, better yet, MESS.

He's still fucking around, has no clue what to do, he fired his DS(Rummy), he's a fucking idiot.
He can't even speak English for ffsakes.
http://www.youtube.com/watch?v=rpxxRaLmeqs&mode=related&search=
How EMBARRASSING for people to defend this guy.



A President of SIGNIFICANTLY higher intelligence disagreed with Bush and his reasons to go to war....
http://www.cnn.com/2006/POLITICS/12/27/ford.iraq/index.html

I'd take Ford any day of the week over Bush, a hundred times over.

 

[Sergei]

The federal liberal party was responsible for putting us into that massive debt with irresponsible spending. Thats the reason why I;m glad Martin was Finance Minister, he realized the danger and made the necessary changes to eliminate the deficit and start paying down the debt. This frees up money that otherwise would be spent paying interest to be put into programs that we need help with.

Every argument that you've thrown my way has been thrown back with examples of liberal greed.

I agree with all of this EXCEPT that Martin didn't really do anything: It was the massive US spending in the 1990's and the resulting increase in government revenues that got Canada out of the deficit. Martin is just a useless liar with classic liberal character traits: Humungous ego and the belief that liberals have an innate right to rule eternally.

 

[Cobster]

You agree with what exactly?


As for me mouthing off on Bush?
Sorry, Canada is part of the world and well, geo-politically speaking, his actions have (had) a direct impact on us.

Don't forget his great "“state of the, my speech to the, whatever you wanna call it…” ...STATE OF THE UNION speech.
He said, you're either "with us, or against us".
He wasn't just speaking to Americans, he was speaking to the world.
Another invitation to the party.

So no, I disagree 100%, we have a total right to address this POS and his fuck ups.

Sorry bud.

 

[Sergei]

He said, you're either "with us, or against us".
He wasn't just speaking to Americans, he was speaking to the world.
Another invitation to the party.

What he really meant is "You're either with us, or we're against YOU."