GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Canadians, are we headed for 'at par' exchange rates?

DeviousBros. · 12-12-2005, 12:40 PM

Economists at CIBC were predicting 1.13 going into the new year, with that pretty much being the bottom.

They're now shooting even lower, predicting 1.10 by the end of the first quarter of the new year:

http://research.cibcwm.com/economic_...d/dec09_05.pdf

How low will it go.......

I did a big buy at CIBC's online trader a few weeks ago and got near 1.18, hoping that would get me through this slump - https://www.fxdealing.cibc.com/index.jsp

Reality is, I'll have to buy some Canadian dollars at these brutal rates to get through the next couple of quarters.

Do any of you Canadian webmasters out there have any strategies to counter this?

Thanks in advance.

12-12-2005, 12:40 PM
DeviousBros. Registered User Join Date: Dec 2005 Posts: 86	Canadians, are we headed for 'at par' exchange rates? Economists at CIBC were predicting 1.13 going into the new year, with that pretty much being the bottom. They're now shooting even lower, predicting 1.10 by the end of the first quarter of the new year: http://research.cibcwm.com/economic_...d/dec09_05.pdf How low will it go....... I did a big buy at CIBC's online trader a few weeks ago and got near 1.18, hoping that would get me through this slump - https://www.fxdealing.cibc.com/index.jsp Reality is, I'll have to buy some Canadian dollars at these brutal rates to get through the next couple of quarters. Do any of you Canadian webmasters out there have any strategies to counter this? Thanks in advance.