Quote:
Originally Posted by directfiesta
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 .... 
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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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