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AZNNC · 04-22-2010, 12:11 PM

So us canadians are getting fucked lately. 1 USD is now worth less than 1 CAD.

Canadian Goverment is warning of increased interest rates in June, which last week just the warning caused a 1.5 cent spike to the CAD vs US. I'm sitting on a bit of US money, and I don't want to ride this out for a few years. Whats the take on this, will it go to .90-.95 cents US soon on interest rate spike?

04-22-2010, 12:11 PM
AZNNC Confirmed User Join Date: Jan 2005 Posts: 592	CAD $ and looming interest rate increase. So us canadians are getting fucked lately. 1 USD is now worth less than 1 CAD. Canadian Goverment is warning of increased interest rates in June, which last week just the warning caused a 1.5 cent spike to the CAD vs US. I'm sitting on a bit of US money, and I don't want to ride this out for a few years. Whats the take on this, will it go to .90-.95 cents US soon on interest rate spike?