Canadian dollar up like a mofo this morning
Collapse
X
-
Canadian dollar up like a mofo this morning

Our Programs: StandAhead | IndieBucks | BoyCrushCash | Phoenixxx | EmoProfits | BritishBucks | HunkMoney | LatinoBucks
Make $$$ with Gay! Lowest Minimum Payouts in the Business, Perfect Track Record, Amazing SitesTags: None -
Comment
-
goddamnit.
i'm just gonna go back and work for the bank if it stays like this.
Bad Girl Bucks - 50% Revshare through CCBill.
Promote BrandyDDD, Pixie's Pillows, Action Allie and more!
Phoenix Forum Pics | Webmaster Access Montreal pics
email: psyko514(a)gmail.com | icq: 214-702-014Comment
-
He Jay...
whazzzup.....better sell Euro now
CiaoSIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.Comment
-
Comment
-
Guys, I am not sure if you remember 13 years ago with the first Iraq war:
DEM/USD = 1.42 (DEM = Deutsche Mark for the US folks)
DEM/EUR is fixed at 1.955
so, back then 1 EUR = 1.38 USD
Right now 1 EUR = 1.26 USD if I am not mistraken.
Given the political and the economic situation in the US, there is still plenty of room for the USD to go down. Not good for EU and Canada exports but much cheaper for tourists to USA :-)
Peace!Join my Nikcho.com Blog and say what you think!Comment
-
If you look at 2005 budget and future budgets for the US, there's no decrease in spending, the only plan to reduce the deficit is to get more tax receipts, and those forecasts were made when the economy was chugging along a lot better than it is now...
So with the budget deficit fucked and the trade deficit getting worse, I think there's only pain for USD holders in the near term (at least 18months)
Comment
-
-
-
Being in toronto and getting paid in american funds is getting sick. People stop having confidence in Canada LOLComment
-
The timeframe on your chart is worthless. The currency moves that much several times per day, every day. Here's what it really looks like.Originally posted by Muff
Looks like it's gaining back some points it lost last night. I think once the elections over we might since a stronger USD.

Hands Free Adult - Join Once, Earn For Life
"I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."Comment
-
Wrong, it is worse.Originally posted by Muff
Exactly. From what I understand. The further they push the dollar down the easier it will be to pay back the deficit.
Example:
Let's say the US owes 100 Euros.
At today's rates, the US wpuld need 127.706 USD to repay.
If the US dollar goes lower ( looses value), it would take more$$$ to obtain the same amount in Euros ( ie 135.00US$ to repay 100 Euros ).
You can also look at the fact that the percentage of US production to repay the debts would grow ( needing more) to repay that fixed amount.
Many economists forecast i, in the case of the Canadian dolar, par in about 18 months.
This because the Can$ is also very strong ( winning value also against the Euro ...).
Back to selling ....I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
-
don't forget europe, australia, new zealand... pretty much everywhere.Originally posted by quiet
it's getting ridiculous. everyone getting paid in USD in Canada are getting a HUGE paycut courtesy of the exchange rate.Comment
-
The US government doesn't borrow in euros, it issues USD debt, so your example doesn't fit.Originally posted by directfiesta
Wrong, it is worse.
Example:
Let's say the US owes 100 Euros.
At today's rates, the US wpuld need 127.706 USD to repay.
If the US dollar goes lower ( looses value), it would take more$$$ to obtain the same amount in Euros ( ie 135.00US$ to repay 100 Euros ).
You can also look at the fact that the percentage of US production to repay the debts would grow ( needing more) to repay that fixed amount.
Many economists forecast i, in the case of the Canadian dolar, par in about 18 months.
This because the Can$ is also very strong ( winning value also against the Euro ...).
Back to selling ....Comment
-
Thanks George W Bush and your wonderfull team of assclowns
Comment
-
suck my fucking cock george w bush!Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence.

My Newest ThemeComment
-
Originally posted by directfiesta
Wrong, it is worse.
Example:
Let's say the US owes 100 Euros.
At today's rates, the US wpuld need 127.706 USD to repay.
If the US dollar goes lower ( looses value), it would take more$$$ to obtain the same amount in Euros ( ie 135.00US$ to repay 100 Euros ).
You can also look at the fact that the percentage of US production to repay the debts would grow ( needing more) to repay that fixed amount.
Many economists forecast i, in the case of the Canadian dolar, par in about 18 months.
This because the Can$ is also very strong ( winning value also against the Euro ...).
Back to selling ....
They borrowed something highly valuable and now they will pay it back when its value has droped.
So basically they profited the difference in value. Like selling a stock short and buying to cover.Comment
-
Well, money is nothing but paper and ink. They can print money like crazy to pay it all offOriginally posted by directfiesta
Wrong, it is worse.
Example:
Let's say the US owes 100 Euros.
At today's rates, the US wpuld need 127.706 USD to repay.
If the US dollar goes lower ( looses value), it would take more$$$ to obtain the same amount in Euros ( ie 135.00US$ to repay 100 Euros ).
You can also look at the fact that the percentage of US production to repay the debts would grow ( needing more) to repay that fixed amount.
Many economists forecast i, in the case of the Canadian dolar, par in about 18 months.
This because the Can$ is also very strong ( winning value also against the Euro ...).
Back to selling ....
Only problem is the US dollar will go to hell.
Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN!
Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos.
With TOP RATIO Sites like
ATMovs.com | iTeenVideo.com | TeenSexMovs.com | TeenSexMania.com
Comment
-
this is not just Goerge bush we can thank for this.
Reagans imperial spending circles are now coming home to roost.
If it dips lower then a dollar im moving to the states, or maybe somewhere warm where i can get more then 1Telegram PhoenixBrad
https://quantads.ioComment
-
It's fucking depressing..... Bush needs to go.. the U.S need a new change and direction.....Icq - 403858640
bomber.jason AT gmail dot comComment
-
True... lolOriginally posted by sacX
The US government doesn't borrow in euros, it issues USD debt, so your example doesn't fit.
Germany is begging the US to borrow 100 $US today, knowing that in 5 years it will be worth much less....
The Japanese also ....I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
-
Sponsors, start paying me in CDN! lol
Fastsize sells like NO other! Think of a big industry name, they probably upsell us!
BradM says: Visit the above sponsors so you can quit your day job!Comment
-
COMMON baby hit 82 cents
whooza daddy
Fastsize sells like NO other! Think of a big industry name, they probably upsell us!
BradM says: Visit the above sponsors so you can quit your day job!Comment
-
on Jan 1, the industry as a whole should flip over to the Euro :o)
It has nothing to do with confidence in Canada, the CDN dollar value to the USD is just a calculation against other major currencies. USA is devalueing its dollar for a bunch of reasons, none of which include Canada.Comment
-
Actually China has huge reserves of USD they don't sell it, so as to keep the Yuan relatively weak.Originally posted by directfiesta
True... lol
Germany is begging the US to borrow 100 $US today, knowing that in 5 years it will be worth much less....
The Japanese also ....
They don't mind taking the falling dollar as it helps there economy chugging along, but if there comes a time when China decides it wants to dump dollars.. then we're all fucked.Comment
-
Man..this really fucking blows...wish I had exchanged all my USD to CDN back when the US dollar was worth $1.60 CDN...
Comment
-
Comment
-
That ain't shit for me the american dollar is only worth 100 pennies...
Comment
-
Why? The weak dollar is GREAT for the US economy. This makes our exports cheaper, and our businesses more attractive to foreign investment. The only way that the weak dollar hurts the US economy is that goods that we MUST buy in other currancies (not oil), are more expensive. The strong Euro, for example, is the reason why European exports are so down, and unemployment in big exporters like France and Germany is TWICE what it is in the US.Originally posted by Bomber8888
It's fucking depressing..... Bush needs to go.. the U.S need a new change and direction.....Michael Sperber / Acella Financial LLC/ Online Payment Processing
[email protected] / http://Acellafinancial.com/
ICQ 177961090 / Tel +1 909 NET BILL / Skype msperberComment
-
Democrats are more protectionist than republicans.. which isnt good for the Canadian economy but will help lowering the canadian dollar...
A Bush win will give the US $ an instant boost.. but will not last long.. Expect the can $ hitting $0.85 fairly soon...Comment
-
-
A Bush win won't give the dollar a boost... perhaps if he had no track record and was coming in as a fresh republican candidate.Originally posted by xxxdesign-net
Democrats are more protectionist than republicans.. which isnt good for the Canadian economy but will help lowering the canadian dollar...
A Bush win will give the US $ an instant boost.. but will not last long.. Expect the can $ hitting $0.85 fairly soon...
Murdering of the budget surplus speaks much more than false promises of fiscal restraint.
Plus his budget is already out, there aren't any cuts in spending in it, cutting the deficit depends purely on increased tax receipts.
Bush also isn't that big a friend to free trade, he changed his mind a few times over steel tariffs until his hand was forced by the WTO..Comment
-
Not at all.Originally posted by quiet
it's getting ridiculous. everyone getting paid in USD in Canada are getting a HUGE paycut courtesy of the exchange rate.
The Canadian dollar doesn't buy as much as the U.S. dollar and hasn't for a long time, if ever.
When the exchange rate was 1:1.5 it was actually pretty much equal... You could buy the same amount of stuff for $1 US or $1.50 Canadian.
This hurts a lot.Comment
-
exactly what the fuck are you smoking?Originally posted by Dagwolf
Not at all.
The Canadian dollar doesn't buy as much as the U.S. dollar and hasn't for a long time, if ever.
When the exchange rate was 1:1.5 it was actually pretty much equal... You could buy the same amount of stuff for $1 US or $1.50 Canadian.
This hurts a lot.we'll miss you our friend. RIPComment
-
Financial markets are pro Bush which should give the US $ a brief boost if he is elected...Originally posted by sacX
A Bush win won't give the dollar a boost... perhaps if he had no track record and was coming in as a fresh republican candidate.
Murdering of the budget surplus speaks much more than false promises of fiscal restraint.
Plus his budget is already out, there aren't any cuts in spending in it, cutting the deficit depends purely on increased tax receipts.
Bush also isn't that big a friend to free trade, he changed his mind a few times over steel tariffs until his hand was forced by the WTO..Comment
-
Well I disagree, but I could see you argue US finanical markets may be pro-Bush, but the dollar is traded on global markets who aren't..Originally posted by xxxdesign-net
Financial markets are pro Bush which should give the US $ a brief boost if he is elected...
I think finanicial markets are fairly ambivalent they're more worried about confusion on November 2, rather than who wins..
But I guess we'll see what happens
Comment
-
Again, why don't more of you guys just keep your money in a basket of currencies so that your remain even regardless of exchange rates?Comment
-
or hedge with options. I have about 1/3 of my USD hedged, which of course it not enough :/Originally posted by Gynecologist
Again, why don't more of you guys just keep your money in a basket of currencies so that your remain even regardless of exchange rates?Comment
-
Unemployment has always been almost double in europe what it is in the US. It's much more to do with layers of Government beauracracy than the current price of the Euro.Originally posted by sperbonzo
Why? The weak dollar is GREAT for the US economy. This makes our exports cheaper, and our businesses more attractive to foreign investment. The only way that the weak dollar hurts the US economy is that goods that we MUST buy in other currancies (not oil), are more expensive. The strong Euro, for example, is the reason why European exports are so down, and unemployment in big exporters like France and Germany is TWICE what it is in the US.
A weak dollar is not good for the US economy. If the US was a primarily export economy then it would be a different story.Comment









Comment