Anyone NOTICE the Canada - US dollar exchange rate - GoFuckYourself.com

SleazyDream · 05-01-2004, 06:18 PM

last week i changed a little money - 1.29 or something.

yesterday i changed a big chunk for my taxes, 1.37.

i was singing and dancing i was sooo happy

KMR Stitch · 05-01-2004, 06:19 PM

idiot

doober · 05-01-2004, 06:21 PM

this past week was the best in a long time.
I got 1.3476 i beleive on thursday.
Not fantastic but better than its been in a while

Elli · 05-01-2004, 06:22 PM

Yep I paid a chunk off my taxes yesterday at 1.35

herbal logic · 05-01-2004, 06:22 PM

must be the impending socialism

Evil Chris · 05-01-2004, 06:23 PM

sure I noticed. It's like getting a raise.

psyko514 · 05-01-2004, 06:23 PM

it's about fucking time.

i wonder how high it'll go once/if bush loses the election.

sweetums · 05-01-2004, 06:25 PM

Yup

A little ray of sunshine....hehehe

cool1 · 05-01-2004, 07:11 PM

Gotta love when the dollar drops

quiet · 05-01-2004, 07:13 PM

yep, great news.

Shoehorn! · 05-01-2004, 07:14 PM

That sucks for me, I was loving it last year or so when it was $1.50 Canadian, more Casino Windsor money.

Easton · 05-01-2004, 07:17 PM

i really need the Euro to drop

JFK · 05-01-2004, 07:19 PM

Hope it holds till Monday

chowda · 05-01-2004, 07:20 PM

im lovin it

great for american tourist to come.

and check my site b4 they do!

webgurl · 05-01-2004, 07:39 PM

hope to see 1.4 sooOOOn , i remember 1.6 for a small period of time BANK RATE after 911 September incident

SleazyDream · 05-01-2004, 07:52 PM

Quote:

Originally posted by webgurl
hope to see 1.4 sooOOOn , i remember 1.6 for a small period of time BANK RATE after 911 September incident

1.65 or so - drool

BlackCrayon · 05-01-2004, 07:57 PM

Quote:

Originally posted by SleazyDream
1.65 or so - drool

i miss those days, lets hope this trend continues.

RawAlex · 05-01-2004, 07:57 PM

The answer can easily be found in interest rates.

The US rate for a long time was higher than most, so investing money from other countries into US dollar (and dollar bonds) was a good thing. As the prime rates dropped, the desirablity to hold the US dollar goes away. So the values shift.

Until a very short time ago, there was over a point premuim to put money in Canada or Australia, as an example, so the money flows out of the US market, and into other markets. Thus the US dollar goes down, and all other currencies appear to go up.

The Canadian prime dropped down to 4.5, only a 1/2 point premuim over the US rate, so things are very close. Money slowly moves back into the US market, bringing the US dollar up and dropping all other currencies as a result.

Now, if the US goes ahead and raises the prime rate in the near future, it will be a bonanza for us as I would expect to be 1.45 or so within a month or two of that happening.

Enjoy :-)

Alex

JFK · 05-01-2004, 07:59 PM

Quote:

Originally posted by SleazyDream
1.65 or so - drool

Now you're really talkin

LadyMischief · 05-01-2004, 08:00 PM

Verrrry happy, noticed that too

FlyingIguana · 05-01-2004, 08:03 PM

well if the US raises rates and the economy keeps moving and canada's economy doesn't do as well and they keep rates low then the trend should continue.

bush getting booted out would be a plus for the FX rate, but who knows how all those dumb americans will vote.

the rate could be in the 1.3-1.35 range by the end of the year tho. but a lot can change and usually does. still some downward pressure on the us dollar

Rice_Master · 05-01-2004, 08:05 PM

Quote:

Originally posted by TheSmutPeddlerDOTcom
That sucks for me, I was loving it last year or so when it was $1.50 Canadian, more Casino Windsor money.

Bro you from windsor? same here!

Too bad they're on fucking strike right now.

Shoehorn! · 05-01-2004, 08:44 PM

Quote:

Originally posted by Rice_Master
Bro you from windsor? same here!

Too bad they're on fucking strike right now.

I live in Michigan in the summer, like an hour from Windsor. I heard they're striking too, they need to get that resolved before I get back in 2 weeks.

Spunky · 05-01-2004, 08:48 PM

Good to hear,hope it goes even higher

05-01-2004, 06:18 PM	#1
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	Anyone NOTICE the Canada - US dollar exchange rate last week i changed a little money - 1.29 or something. yesterday i changed a big chunk for my taxes, 1.37. i was singing and dancing i was sooo happy __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

05-01-2004, 06:22 PM	#4
Elli Reach for those stars! Industry Role: Join Date: Apr 2003 Location: Vancouver, BC Posts: 17,991	Yep I paid a chunk off my taxes yesterday at 1.35 __________________ email: [email protected]

05-01-2004, 06:23 PM	#6
Evil Chris OG Industry Role: Join Date: Dec 2001 Location: 3rd from the Sun Posts: 13,233	sure I noticed. It's like getting a raise. __________________ It PAYZE to post on GFY chris at payze.com \| Skype chriswrp

05-01-2004, 06:23 PM	#7
psyko514 See sig. Join Epic Cash. Join Date: Oct 2002 Location: Montreal, Quebec. ICQ: 214702014 Posts: 22,366	it's about fucking time. i wonder how high it'll go once/if bush loses the election. __________________ 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: 214-702-014

05-01-2004, 07:11 PM	#9
cool1 sex is good Join Date: Sep 2001 Location: Carman, MB Canada Posts: 24,939	Gotta love when the dollar drops __________________

05-01-2004, 06:19 PM	#2
KMR Stitch I am cool Join Date: Jul 2003 Posts: 14,494	idiot

05-01-2004, 06:21 PM	#3
doober Confirmed User Join Date: Jul 2003 Location: in yoOoo kitchen Posts: 6,984	this past week was the best in a long time. I got 1.3476 i beleive on thursday. Not fantastic but better than its been in a while

05-01-2004, 06:22 PM	#5
herbal logic Confirmed User Join Date: Feb 2004 Posts: 1,172	must be the impending socialism

05-01-2004, 06:25 PM	#8
sweetums Confirmed User Industry Role: Join Date: Feb 2003 Location: Icy Hellish Tundra Posts: 2,534	Yup A little ray of sunshine....hehehe

05-01-2004, 07:13 PM	#10
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	yep, great news. __________________ we'll miss you our friend. RIP

05-01-2004, 07:14 PM	#11
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	That sucks for me, I was loving it last year or so when it was $1.50 Canadian, more Casino Windsor money. __________________

05-01-2004, 07:17 PM	#12
Easton Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Location: Phoenix, AZ Posts: 9,825	i really need the Euro to drop __________________ New models booked and shot every week... MILFs, pornstars and teens. Girls for every niche and project. Looking for high-quality affordable exclusive content? Check me out at Easton Content for all the details.

05-01-2004, 07:19 PM	#13
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	Hope it holds till Monday __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

05-01-2004, 07:20 PM	#14
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	im lovin it great for american tourist to come. and check my site b4 they do! __________________ Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them.

05-01-2004, 07:39 PM	#15
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	hope to see 1.4 sooOOOn , i remember 1.6 for a small period of time BANK RATE after 911 September incident

05-01-2004, 07:57 PM	#18
RawAlex So Fucking Banned Join Date: Oct 2003 Location: In a house. Posts: 9,465	The answer can easily be found in interest rates. The US rate for a long time was higher than most, so investing money from other countries into US dollar (and dollar bonds) was a good thing. As the prime rates dropped, the desirablity to hold the US dollar goes away. So the values shift. Until a very short time ago, there was over a point premuim to put money in Canada or Australia, as an example, so the money flows out of the US market, and into other markets. Thus the US dollar goes down, and all other currencies appear to go up. The Canadian prime dropped down to 4.5, only a 1/2 point premuim over the US rate, so things are very close. Money slowly moves back into the US market, bringing the US dollar up and dropping all other currencies as a result. Now, if the US goes ahead and raises the prime rate in the near future, it will be a bonanza for us as I would expect to be 1.45 or so within a month or two of that happening. Enjoy :-) Alex

05-01-2004, 08:00 PM	#20
LadyMischief Orgasms N Such! Industry Role: Join Date: Sep 2002 Location: Oakville, Ontario Posts: 18,135	Verrrry happy, noticed that too __________________ ICQ 3522039 Content Manager - orgasm.com [email protected]

05-01-2004, 08:03 PM	#21
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	well if the US raises rates and the economy keeps moving and canada's economy doesn't do as well and they keep rates low then the trend should continue. bush getting booted out would be a plus for the FX rate, but who knows how all those dumb americans will vote. the rate could be in the 1.3-1.35 range by the end of the year tho. but a lot can change and usually does. still some downward pressure on the us dollar

05-01-2004, 08:48 PM	#24
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,944	Good to hear,hope it goes even higher __________________ *YOUR INFORMATION HERE*