Monday, December 12, 2011

How much lower can the USD go against the CDN?

I know that it's an inexact science but where do you think the bottom is? What will be the balancing points? From what I read the CDN is more and more de-coupled from the USD so I'm not sure that there is anything that could stop it falling below 0.90 which is a problem for me.





What news would make the USD get stronger? I just can't see what good news there will be that isn't consumer related and that can't last.|||A driving force behind the US Dollar slipping below parity with the Canadian dollar is the fact that Canada is a net oil exporter, and oil's currently well over $90/barrel.

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