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Old 12-04-2007, 03:59 PM  
Chio
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Join Date: Oct 2002
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Quote:
Originally Posted by directfiesta View Post
The rates have been droped, the govs are looking to ease the pressure of the lower US dollar...

Economist seem to have a common opinion : it will go down short term to about 0.95, only to rally back up to 1.15 ....

No jokes here... I could post when 2 years ago I had erronously forcasted the Can $ at par ... but I am lazy ....
Yup. The rate decrease was the reason today but some bad news is coming for the dollar so the CAD will likely go right back up as the dollar weakens again.
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