Will CAD > USD this year???

ACC-HE

still 1CAD => 0.9xUSD....

Any chance of going back to par this year?

shutterbug

Why?  Looks like US will stay low interest rate for a long time. Better to invest in quality stocks.

peter236

Should we buy more $US now?

Catpiano

Do you guys buy $US for investment purposes or just for shopping in the US?
peter236 發表於 2009-10-15 11:57

Shopping, from BH/ebay etc ..  

Better exchange rate then using the paypal exchange rate. ( ie: paypal always cost 3-4% more )

So, better use US credit card to pay.

peter236

bought some US $ last few weeks ...  
Catpiano 發表於 2009-10-14 21:49

Do you guys buy $US for investment purposes or just for shopping in the US?

Catpiano

無需要呢個表情丫。。。若果你成日去美國或者亞洲玩﹐分段買係正確做法﹐而現在這個價位﹐的確係入市好時機﹐繼續逐D逐D買喇
Littleprince 發表於 2009-10-15 11:04

But I paid higher then now ar ma ..

Still, it is NOT good for our country .. when US $ is so low ..  it is good for US to export ..  but .. it will kill many business in Canada ..  

We went to A & F on the weekend, their price is always good .. however, when we look at their price tag this time ...    Somehow, they show both Can $, and US $ ..  for example, $30US/$40cad, $69US/89cad, $80US/$110Cad ...  still 30-40% higher ...

fibbi

I bought some last week too...
Hope it'll go over $1 real soon...planning for US trip!

Littleprince

bought some US $ last few weeks ...  
Catpiano 發表於 2009-10-14 21:49

無需要呢個表情丫。。。若果你成日去美國或者亞洲玩﹐分段買係正確做法﹐而現在這個價位﹐的確係入市好時機﹐繼續逐D逐D買喇

Catpiano

bought some US $ last few weeks ...  

yoursecret

parity is a foregone conclusion now, the question is when and how high. Obama seems happy to let the US dollar slip lower in order to boost export and create more jobs. While the good news keep coming in Canada, the only exception is the manufacturing sector. The Canadian dollar is also doing well against other currencies like Euro, Yen.