Quote:
Originally posted by Monk
that link didn't work.
Go here http://pacific.commerce.ubc.ca/xr/data.html and enter the US DOllar as the base currency, the Canadian dollar as the Target currency, the frequency as weekly, and the beginning date as Jan.1, 1971 and you can see the results.
Yes... you are definitely an optimist if you think 1.38 is the worst downside.
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I tend to use the chart listed here:
http://finance.yahoo.com/m3?a=1&s=USD&t=CAD
2 yr chart here:
http://finance.yahoo.com/m5?s=USD&t=CAD&a=1&c=2
That chart, over a 10 year period, looks a lot like what I described above.... an typical upswing - downswing pattern. It will be interesting to see what that chart looks like in 6 months, when hopefully the US economy has picked up and the dollar is stronger. Hopefully.
If you have no hope in your life, kill yourselves now.