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Thread: USD/CAD
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  #2041 (permalink)  
Old 12-05-2008, 08:02 AM
karmack5 karmack5 is offline
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Canada posts 70,000 job losses (mostly related to election being over from previous month) and our dollar drops. The US posts almost 10x as many job losses for Nov and their dollar goes up?! It is almost as if the more bad news that comes from US the stronger their dollar will be. Do you people realize that lowering the value of the CDN dollar like this is costing me more money! I have to pay more for groceries as we buy from US in winter, and all consumer goods that are sold here are bought in USD! This has gone on long enough, the fair value of the CDN is 85 cents USD.
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